GCMAsia - NZDUSD

NZDUSD
2017-10-10
| Resistance and Support | Level | Explanation |
| Resistance | 0.7100 | H1 |
| Support | 0.7055 | H1 |

NZUDSD, H1: NZDUSD was traded higher following a successful rebound from the strong support level of 0.7055. Signal line from MACD histogram which has formed golden cross suggest the pair to advance further up, towards the next target at 0.7100.
Resistance level: 0.7100, 0.7145
Support level: 0.7055, 0.7000