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GCMAsia - NZDUSD
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