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GCMAsia - NZDUSD
NZDUSD
NZDUSD
2017-05-18
Resistance and Support Level Explanation
Resistance 0.6935 H4
Support 0.6905 H4

NZDUSD, H4: NZDUSD remains traded within a downward channel following prior retracement from the top level of the channel. Such retracement suggests NZDUSD to be traded lower in the short-term, towards the target support level at 0.6905

 

Resistance level: 0.6935, 0.6965

Support level: 0.6905, 0.6870