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GCMAsia - NZDUSD
NZDUSD
NZDUSD
2017-07-24
Resistance and Support Level Explanation
Resistance 0.7460 Daily
Support 0.7370 Daily

NZDUSD, Daily: NZDUSD was traded higher following prior rebound while currently testing near the resistance level of 0.7460. Stochastic Oscillator which begins to form a retracement signal from overbought levels suggests NZDUSD to be traded lower in short-term and head towards the target of 0.7370.

 

Resistance level: 0.7460, 0.7570

Support level: 0.7370, 0.7280