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GCMAsia - NZDUSD
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