GCMAsia - NZDUSD

NZDUSD
2017-04-18
| Resistance and Support | Level | Explanation |
| Resistance | 0.7020 | H4 |
| Support | 0.7000 | H4 |

NZDUSD, H4: NZDUSD was traded higher following prior rebound near the support level of 0.7000. Referring to both moving average line which continues to expand upwards after the formation of golden cross, NZDUSD is expected to advance further upwards after breaking the resistance level of 0.7020.
Resistance level: 0.7020, 0.7050
Support level: 0.7000, 0.6975