GCMAsia - NZDUSD

NZDUSD
2018-03-29
| Resistance and Support | Level | Explanation |
| Resistance | 0.7250 | H4 |
| Support | 0.7200 | H4 |

NZDUSD, H4: NZDUSD remains traded within a descending channel while currently testing at the lower level. MACD histogram which illustrate persistent downward signal suggests the pair to advance further down after closing below the support level of 0.7200.
Resistance level: 0.7250, 0.7280
Support level: 0.7200, 0.7185