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GCMAsia - NZDUSD
NZDUSD
NZDUSD
2017-03-27
Resistance and Support Level Explanation
Resistance 0.7065 Daily
Support 0.6990 Daily

NZDUSD, Daily: NZDUSD was traded higher following a rebound near the support level of 0.6990. With regards to the MACD histogram which continues to illustrate upward signal and momentum, a closure above the resistance level of 0.7065 would suggest NZDUSD to extend its upward momentum.

 

Resistance level: 0.7065, 0.7130

Support level: 0.6990, 0.6860