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170517 NZDUSD

by | May 17, 2017 | NZD/USD | 0 comments

GCMAsia - NZDUSD
NZDUSD
NZDUSD
2017-05-17
Resistance and Support Level Explanation
Resistance 0.6910 H4
Support 0.6870 H4

NZDUSD, H4: NZDUSD remains traded within a downward channel following prior rebound from the bottom level of the channel. A successful closure above the resistance level of 0.6910 would suggest NZDUSD to advance towards the top level of the channel.

 

Resistance level: 0.6910, 0.6935

Support level: 0.6870, 0.6815