GCMAsia - 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