GCMAsia - NZDUSD
NZDUSD
2017-10-12
| Resistance and Support | Level | Explanation |
| Resistance | 0.7100 | H4 |
| Support | 0.7055 | H4 |
NZDUSD, H4: NZDUSD was traded higher following prior rebound from the strong support level of 0.7055 while closing above the 20-MA line (red). Recent price action suggests for further bullish bias and is expected to extend its upward momentum after breaking the resistance level of 0.7100.
Resistance level: 0.7100, 0.7145
Support level: 0.7055, 0.7000