GCMAsia - NZDUSD
NZDUSD
2017-09-25
| Resistance and Support | Level | Explanation |
| Resistance | 0.7380 | H4 |
| Support | 0.7270 | H4 |
NZDUSD, H4: NZDUSD was traded lower prior retracement from resistance level at 0.7380. Formation of hidden negative divergence as shown by MACD histogram suggests the pair to further its losses if the breakout below support level at 0.7270 is successful, testing the next support level by 200-MA line around 0.7255.
Resistance level: 0.7380, 0.7455
Support level: 0.7270, 0.7255