GCMAsia - NZDUSD
NZDUSD
2017-05-22
| Resistance and Support | Level | Explanation |
| Resistance | 006945 | Daily |
| Support | 0.6880 | Daily |
NZDUSD, Daily: NZDUSD was traded higher following prior rebound from the support level of 0.6880 while currently testing near the 23.6 Fibonacci level of 0.6945. A closure above this level would suggest an extension of retracement and NZDUSD is suggested to advance further up towards the target of resistance level at 0.7030 thereafter.
Resistance level: 0.6945, 0.7030
Support level: 0.6880, 0.6815