GCMAsia - NZDUSD

NZDUSD
2018-03-14
| Resistance and Support | Level | Explanation |
| Resistance | 0.7370 | H1 |
| Support | 0.7330 | H1 |

NZDUSD, H1: NZDUSD remains traded within an ascending channel while recently closed above the target at 0.7330. MACD histogram which portrays diminishing downward momentum suggests the pair to extend its gains in short-term and retest near the upper level of the channel.
Resistance level: 0.7370, 0.7400
Support level: 0.7330, 0.7280