GCMAsia - NZDUSD
NZDUSD
2017-03-30
| Resistance and Support | Level | Explanation |
| Resistance | 0.7020 | H1 |
| Support | 0.7010 | H1 |
NZDUSD, H1: NZDUSD was traded lower following a retracement from the strong resistance level at 0.7040 while recently closed below both moving average line. With regards to the MACD histogram which illustrates downward signal and momentum, NZDUSD is expected to move further downwards and retest near the support level of 0.7010.
Resistance level: 0.7020, 0.7030
Support level: 0.7010, 0.6990