GCMAsia - NZDUSD

NZDUSD
2018-03-22
| Resistance and Support | Level | Explanation |
| Resistance | 0.7250 | H1 |
| Support | 0.7185 | H1 |

NZDUSD, H1: NZDUSD extended gains following prior breakout from the downward trendline. However, MACD histogram which illustrate diminishing upward momentum may suggests the pair to be traded lower in short-term as technical correction before extending its bullish bias thereafter.
Resistance level: 0.7250, 0.7280
Support level: 0.7185, 0.7140