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GCMAsia - NZDUSD
NZDUSD
NZDUSD
2017-06-21
Resistance and Support Level Explanation
Resistance 0.7280 H4
Support 0.7220 H4

NZDUSD, H4: NZDUSD remains traded within a narrowing triangle while recently closed below the 20-moving average line (red). It is suggested to extend its downward momentum, towards the bottom level of the triangle after breaking the support level of 0.7220.

 

Resistance level: 0.7280, 0.7340

Support level: 0.7220, 0.7170