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GCMAsia - NZDUSD
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