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GCMAsia - NZDUSD
NZDUSD
NZDUSD
2017-07-18
Resistance and Support Level Explanation
Resistance 0.7345 H1
Support 0.7325 H1

NZDUSD, H1: NZDUSD skyrocketed following prior rebound from the 61.8 Fibonacci level at 0.7265 while currently testing near the resistance level of 0.7345. A successful closure above the level of 0.7345 would suggest NZDUSD to advance towards the next target at 0.7365.

 

Resistance level: 0.7345, 0.7365

Support level: 0.7325, 0.7300