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GCMAsia - NZDUSD
NZDUSD
NZDUSD
2017-06-22
Resistance and Support Level Explanation
Resistance 0.7280 H4
Support 0.7220 H4

NZDUSD, H4: NZDUSD remained traded within a narrowing triangle following a rebound from the support level of 0.7220. It is expected to advance further up, towards the top level of the triangle. A breakout from the top level would signal a change in trend direction to move further upwards.

 

Resistance level: 0.7280, 0.7340

Support level: 0.7220, 0.7170