GCMAsia - NZDUSD
NZDUSD
2017-05-23
| Resistance and Support | Level | Explanation |
| Resistance | 0.7030 | Daily |
| Support | 0.6945 | Daily |
NZDUSD, Daily: NZDUSD remains traded within a downward channel while currently testing to breakout from the top level of the channel. A successful breakthrough from this level would signal a change in trend direction to move further upwards thereafter. Otherwise, a retracement would suggest NZDUSD to be traded lower in short-term within the downward channel.
Resistance level: 0.7030, 0.7095
Support level: 0.6945, 0.6880