GCMAsia - NZDUSD
NZDUSD
2017-03-28
| Resistance and Support | Level | Explanation |
| Resistance | 0.7060 | H4 |
| Support | 0.7020 | H4 |
NZDUSD, H4: NZDUSD was traded lower following a retrace from the strong resistance level near 0.7060 while currently testing near the 20-moving average line (red). A successful closure below this line would suggest NZDUSD to advance further down and retest near the strong support level of 0.7020.
Resistance level: 0.7060, 0.7100
Support level: 0.7020, 0.6970