GCMAsia - NZDUSD

NZDUSD
2017-04-26
| Resistance and Support | Level | Explanation |
| Resistance | 0.6940 | H4 |
| Support | 0.6919 | H4 |

NZDUSD, H4: NZDUSD extended its losses following prior formation of death cross by both MA lines. As the downward signal from MACD histogram continues to expand downwards, NZDUSD is expected to extend its downward momentum after breaking the support level of 0.6919.
Resistance level: 0.6940, 0.6965
Support level: 0.6919, 0.6890