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GCMAsia - NZDUSD
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