GCMAsia - NZDUSD
NZDUSD
2017-05-15
| Resistance and Support | Level | Explanation |
| Resistance | 0.6925 | Daily |
| Support | 0.6815 | Daily |
NZDUSD, Daily: NZDUSD was traded higher following prior rebound from the support level of 0.6815. Recent rebound suggests an extension of retracement period and NZDUSD is expected to be traded higher in short-term. Long-term trend direction still suggests NZDUSD to be traded lower as both MA line continues to expand downwards.
Resistance level: 0.6925, 0.7030
Support level: 0.6815, 0.6700