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GCMAsia - NZDUSD
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