GCMAsia - 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