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GCMAsia - NZDUSD
NZDUSD
NZDUSD
2018-03-27
Resistance and Support Level Explanation
Resistance 0.7340 H4
Support 0.7280 H4

NZDUSD, H4: NZDUSD remains traded within a downward wedge while currently testing at the top level. MACD histogram and Stochastic Oscillator which illustrate some bearish bias may suggests the pair to be traded lower in short-term upon a successful bearish retracement from the top level.

 

Resistance level: 0.7340, 0.7400

Support level: 0.7280, 0.7250