GCMAsia - NZDUSD

NZDUSD
2017-08-10
| Resistance and Support | Level | Explanation |
| Resistance | 0.7330 | H4 |
| Support | 0.7300 | H4 |

NZDUSD, H4: NZDUSD was traded in a downtrend following previous formation of death cross by both moving average line. Recent breakout from the support level of 0.7330 suggest further downside bias towards the target of support level at 0.7300.
Resistance level: 0.7330, 0.7375
Support level: 0.7300, 0.7275