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220518 NZDUSD

by | May 22, 2018 | NZD/USD | 0 comments

GCMAsia - NZDUSD
NZDUSD
NZDUSD
2018-05-22
Resistance and Support Level Explanation
Resistance 0.6970 H4
Support 0.6925 H4

NZDUSD, H4: NZDUSD was traded higher following prior breakout from the top level of ascending triangle. Both MACD histogram and MA lines which illustrate bullish signal may suggests the pair to extend its gains, towards the next resistance level near 0.6970.

 

Resistance level: 0.6970, 0.7045

Support level: 0.6925, 0.6900