GCMAsia - NZDUSD

NZDUSD
2017-09-22
| Resistance and Support | Level | Explanation |
| Resistance | 0.7330 | H4 |
| Support | 0.7275 | H4 |

NZDUSD, H4: NZDUSD remains traded within an upward channel while currently testing at the lower level of the channel. MACD histogram which illustrate substantial downward momentum suggests possibility to occur a breakout from this level and signal a change in trend direction to move further downwards.
Resistance level: 0.7330, 0.7380
Support level: 0.7275, 0.7225