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GCMAsia - NZDUSD
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