GCMAsia - 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