GCMAsia - NZDUSD

NZDUSD
2017-11-09
| Resistance and Support | Level | Explanation |
| Resistance | 0.6950 | H4 |
| Support | 0.6880 | H4 |

NZDUSD, H4: NZDUSD was traded higher while currently testing at the top level of ascending triangle. Both MA lines which continues to skew upwards suggest the pair to extend its gains after a bullish closure above the strong resistance level of 0.6950.
Resistance level: 0.6950, 0.7040
Support level: 0.6880, 0.6830