GCMAsia - 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