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161017 NZDUSD

by | Oct 16, 2017 | NZD/USD | 0 comments

GCMAsia - NZDUSD
NZDUSD
NZDUSD
2017-10-16
Resistance and Support Level Explanation
Resistance 0.7185 H1
Support 0.7145 H1

NZDUSD, H1: NZDUSD was traded lower prior breaking below support level at 0.7185. However, formation of cross pin bar and bullish candlestick pattern suggest NZDUSD to continue its momentum to trade higher, testing back the resistance level at 0.7185.

Resistance level: 0.7185, 0.7220

Support level: 0.7145, 0.7100