GCMAsia - NZDUSD

NZDUSD
2017-08-23
| Resistance and Support | Level | Explanation |
| Resistance | 0.7275 | H4 |
| Support | 0.7200 | H4 |

NZDUSD, H4: NZDUSD was traded lower after it breaks support level at 0.7275. Downward sloping of MACD histogram gives an indication to NZDUSD to further its losses, testing the next support level at 0.7200.
Resistance level: 0.7275, 0.7335
Support level: 0.7200, 0.7165