GCMAsia - NZDUSD

NZDUSD
2017-06-19
Resistance and Support | Level | Explanation |
Resistance | 0.7310 | Daily |
Support | 0.7255 | Daily |
NZDUSD, Daily: NZDUSD extended its gains after closing above the 78.6 Fibonacci level at 0.7255. As both moving average line continues to expand upwards after the formation of golden cross, NZDUSD is expected to advance further up towards the target of resistance level at 0.7310.
Resistance level: 0.7310, 0.7375
Support level: 0.7255, 0.7160