GCMAsia - NZDUSD
NZDUSD
2017-04-25
| Resistance and Support | Level | Explanation |
| Resistance | 0.7055 | Daily |
| Support | 0.6970 | Daily |
NZDUSD, Daily: NZDUSD remains traded within an ascending triangle following prior retracement from the top level of the triangle. It is expected to advance further down, towards the lower level of the triangle at 0.6970 in short-term. Long-term trend direction could only be determined after a successful breakout from either side of the triangle.
Resistance level: 0.7055, 0.7115
Support level: 0.6970, 0.6860