GCMAsia - NZDUSD
NZDUSD
2017-08-09
| Resistance and Support | Level | Explanation |
| Resistance | 0.7330 | H4 |
| Support | 0.7300 | H4 |
NZDUSD, H4: NZDUSD was traded in a downtrend following prior formation of death cross by both MA lines. Recent closure below the support level of 0.7330 opens further downside bias, with the first target at key support level 0.7300.
Resistance level: 0.7330, 0.7375
Support level: 0.7300, 0.7275