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GCMAsia - NZDUSD
NZDUSD
NZDUSD
2018-03-19
Resistance and Support Level Explanation
Resistance 0.7260 H4
Support 0.7170 H4

NZDUSD, H4: NZDUSD was traded lower prior breaking support level at 0.7260. However, MACD histogram that portrays diminishing bearish momentum would suggest the pair to undergo short-term technical correction to trade higher before continuing its bearish bias.

Resistance level: 0.7260, 0.7320

Support level: 0.7170, 0.7080