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200318 NZDUSD

by | Mar 20, 2018 | NZD/USD | 0 comments

GCMAsia - NZDUSD
NZDUSD
NZDUSD
2018-03-20
Resistance and Support Level Explanation
Resistance 0.7250 H4
Support 0.7185 H4

NZDUSD, H4: NZDUSD remains under pressure following prior retracement near the 20-MA line (red) at 0.7250. Such price action suggests further bearish bias from the upside and the pair is suggested to advance further down, and retest near the green region of 0.7185.

 

Resistance level: 0.7250, 0.7280

Support level: 0.7185, 0.7140