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170717 NZDUSD

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

GCMAsia - NZDUSD
NZDUSD
NZDUSD
2017-07-17
Resistance and Support Level Explanation
Resistance 0.7345 Daily
Support 0.7280 Daily

NZDUSD, Daily: NZDUSD were traded lower following prior failure to close above the strong resistance level of 0.7345. MACD histogram which begins to forms an imminent upward signal suggests NZDUSD to extend its uptrend after closing above the level of 0.7345.

 

Resistance level: 0.7345, 0.7400

Support level: 0.7280, 0.7220