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200717 NZDUSD

by | Jul 20, 2017 | NZD/USD | 0 comments

GCMAsia - NZDUSD
NZDUSD
NZDUSD
2017-07-20
Resistance and Support Level Explanation
Resistance 0.7340 H1
Support 0.7315 H1

NZUDSD, H1: NZDUSD extended its losses following previous closure below the 23.6 Fibonacci level of 0.7340. Both MA line which continues to narrow downwards suggests further downside bias for NZDUSD to advance towards 0.7315.

 

Resistance level: 0.7340, 0.7360

Support level: 0.7315, 0.7290