GCMAsia - NZDUSD

NZDUSD
2017-07-19
| Resistance and Support | Level | Explanation |
| Resistance | 0.7370 | Daily |
| Support | 0.7280 | Daily |

NZDUSD, Daily: NZDUSD was traded higher following prior rebound from the support level of 0.7280. However, MACD indicator which shows a divergence signal may suggests the lack of upward momentum on NZDUSD. It is suggested to be traded lower in short-term and head towards the support level of 0.7280.
Resistance level: 0.7370, 0.7445
Support level: 0.7280, 0.7200