GCMAsia - NZDUSD

NZDUSD
2018-03-12
| Resistance and Support | Level | Explanation |
| Resistance | 0.7340 | H4 |
| Support | 0.7260 | H4 |

NZDUSD, H4: NZDUSD was traded higher prior rebound from support level at 0.7260. The pair is currently testing the resistance by 200-MA line. MACD histogram that portrays increasing bullish momentum would suggest the pair to extend its gains if breakout at the said MA line is successful.
Resistance level: 0.7340, 0.7390
Support level: 0.7260, 0.7170