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280318 NZDUSD

by | Mar 28, 2018 | NZD/USD | 0 comments

GCMAsia - NZDUSD
NZDUSD
NZDUSD
2018-03-28
Resistance and Support Level Explanation
Resistance 0.7280 H4
Support 0.7250 H4

NZDUSD, H4: NZDUSD remains traded within a descending channel following prior retrace from the top level. MACD histogram which illustrate downward signal suggests the pair to extend its losses after closing below the support level at 0.7250.

 

Resistance level: 0.7280, 0.7340

Support level: 0.7250, 0.7185