GCMAsia - NZDUSD

NZDUSD
2017-04-11
| Resistance and Support | Level | Explanation |
| Resistance | 0.6965 | H4 |
| Support | 0.6930 | H4 |

NZDUSD, H4: NZDUSD remains traded within a downward channel while currently testing to retrace from previous high near the resistance level of 0.6965. A successful retracement would suggest NZDUSD to advance further down, towards the target of support level at 0.6930.
Resistance level: 0.6965, 0.6990
Support level: 0.6930, 0.6910