GCMAsia - NZDUSD

NZDUSD
2017-04-10
| Resistance and Support | Level | Explanation |
| Resistance | 0.6950 | Daily |
| Support | 0.6890 | Daily |

NZDUSD, Daily: NZDUSD extended its losses following prior retracement from the resistance level of 0.6995. With regards to the MACD histogram which begins to illustrate downward signal and momentum, NZDUSD is suggested to advance further down and retest near the support level of 0.6890.
Resistance level: 0.6950, 0.6995
Support level: 0.6890, 0.6835