GCMAsia - NZDUSD
NZDUSD
2017-05-29
| Resistance and Support | Level | Explanation |
| Resistance | 0.7095 | Daily |
| Support | 0.7030 | Daily |
NZDUSD, Daily: NZDUSD extended its gains following prior breakout from the top level of downward channel, signifying a change in trend direction. With regards to the MACD histogram which continues to show upward signal and momentum, NZDUSD is expected to move further upwards after breaking the resistance level of 0.7095.
Resistance level: 0.7095, 0.7160
Support level: 0.7030, 0.6950