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300517 NZDUSD

by | May 30, 2017 | NZD/USD | 0 comments

GCMAsia - NZDUSD
NZDUSD
NZDUSD
2017-05-30
Resistance and Support Level Explanation
Resistance 0.7055 H1
Support 0.7035 H1

NZDUSD, H1: NZDUSD remains traded within an upward channel following prior rebound from the support level of 0.7035. Recent rebound suggests NZDUSD to move further up, towards the upper level of the channel after breaking the resistance level at 0.7055.

 

Resistance level: 0.7055, 0.7075

Support level: 0.7035, 0.7015