GCMAsia - NZDUSD

NZDUSD
2018-04-12
| Resistance and Support | Level | Explanation |
| Resistance | 0.7370 | H4 |
| Support | 0.7320 | H4 |

NZDUSD, H4: NZDUSD remained in a consolidation phase while currently testing near the resistance level of 0.7370. Both MA lines which continues to expand upwards suggests further upside bias. Thus, a successful close above the target of 0.7370 would suggest the pair to advance further upwards.
Resistance level: 0.7370, 0.7405
Support level: 0.7320, 0.7250