GCMAsia - NZDUSD

NZDUSD
2017-04-28
| Resistance and Support | Level | Explanation |
| Resistance | 0.6915 | H4 |
| Support | 0.6845 | H4 |

NZDUSD, H4: NZDUSD were traded higher following a rebound from the support level of 0.6845. Referring to MACD histogram which begins to illustrate upward signal and momentum, NZDUSD may be traded higher in short-term as technical correction. The downward expansion of both MA lines suggests NZDUSD to be traded lower in long-term.
Resistance level: 0.6915, 0.6980
Support level: 0.6845, 0.6780