GCMAsia - NZDUSD

NZDUSD
2017-07-10
| Resistance and Support | Level | Explanation |
| Resistance | 0.7345 | Daily |
| Support | 0.7250 | Daily |

NZDUSD, Daily: NZDUSD were traded lower following a retracement from the previous high at 0.7345. As the MACD indicator continues to hover outside of upward momentum, NZDUSD is expected to extend its retracement towards the support level at 0.7250.
Resistance level: 0.7345, 0.7400
Support level: 0.7250, 0.7180