GCMAsia - 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