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280717 NZDUSD

by | Jul 28, 2017 | NZD/USD | 0 comments

GCMAsia - NZDUSD
NZDUSD
NZDUSD
2017-07-28
Resistance and Support Level Explanation
Resistance 0.7472 H4
Support 0.7420 H4

NZDUSD, H4: NZUDSD was traded lower following prior retracement from the resistance level of 0.7555. Recent closure below the 23.6 Fibonacci level of 0.7470 suggests NZDUSD to extend its losses toward the target at 0.7420.

 

Resistance level: 0.7472, 0.7515

Support level: 0.7420, 0.7380