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GCMAsia - NZDUSD
NZDUSD
NZDUSD
2018-10-19
Resistance and Support Level Explanation
Resistance 0.6575 H1
Support 0.6540 H1

NZDUSD, H1: NZDUSD remains traded within a descending channel following prior rebound from the lower level. Stochastic Oscillator which begins to form a bullish signal suggests the pair to be traded higher in short-term, towards upper level of the channel.

 

Resistance level: 0.6575, 0.6615

Support level: 0.6540, 0.6500