GCMAsia - NZDUSD

NZDUSD
2017-08-21
| Resistance and Support | Level | Explanation |
| Resistance | 0.7510 | Weekly |
| Support | 0.7210 | Weekly |

NZDUSD, Weekly: NZDUSD was traded lower following prior retracement from resistance level at 0.7510. Downward depreciation of MACD histogram suggests NZDUSD to further its losses, testing the next support level at 0.7210.
Resistance level: 0.7510, 0.7815
Support level: 0.7210, 0.6835