GCMAsia - 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