GCMAsia - NZDUSD

NZDUSD
2017-10-25
| Resistance and Support | Level | Explanation |
| Resistance | 0.6975 | H4 |
| Support | 0.6880 | H4 |

NZDUSD, H4: NZDUSD extended its losses following prior formation of death cross by both moving average line. Both lines which continues to expand downwards suggests ongoing downside bias for the pair and a close below the target of 0.6880 would confirm the bias.
Resistance level: 0.6975, 0.7000
Support level: 0.6880, 0.6815