83% of retail investor accounts lose money when trading CFDs with this provider.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 83% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
GCMAsia - NZDUSD
NZDUSD
NZDUSD
2017-07-12
Resistance and Support Level Explanation
Resistance 0.7280 Daily
Support 0.7220 Daily

NZDUSD, Daily: NZDUSD was traded lower following prior retracement while currently testing at the 23.6 Fibonacci level of 0.7220. A successful closure below this level would suggest NZDUSD to extend its downward momentum towards the next target at 0.7140.

 

Resistance level: 0.7280, 0.7345

Support level: 0.7220, 0.7140