GCMAsia - NZDUSD

NZDUSD
2017-10-11
| Resistance and Support | Level | Explanation |
| Resistance | 0.7100 | H1 |
| Support | 0.7055 | H1 |

NZDUSD, H1: NZDUSD extended its gains following prior surge and closure above both moving average line. Both lines which has met and formed a golden cross signal for further bullish bias for the pair and it is expected to move further upwards after breaking the resistance level of 0.7100.
Resistance level: 0.7100, 0.7145
Support level: 0.7055, 0.7000