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GCMAsia - NZDUSD
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