GCMAsia - NZDUSD

NZDUSD
2017-04-19
| Resistance and Support | Level | Explanation |
| Resistance | 0.7050 | H1 |
| Support | 0.7020 | H1 |

NZDUSD, H1: NZDUSD remains traded within an upward channel following prior retracement from the top level of the channel. Recent closure below the 20-moving average line (red) suggests NZDUSD to move further downwards, towards the support level of 0.7020.
Resistance level: 0.7050, 0.7070
Support level: 0.7020, 0.7000