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GCMAsia - NZDUSD
NZDUSD
NZDUSD
2017-10-26
Resistance and Support Level Explanation
Resistance 0.6935 H4
Support 0.6880 H4

NZDUSD, H4: NZDUSD was traded higher following prior rebound while currently testing near the support level of 0.6680. Both MA lines which continues to expand downwards suggest the pair to extend its bearish momentum after closing below the target of 0.6680.

 

Resistance level: 0.6935, 0.6975

Support level: 0.6880, 0.6815