GCMAsia - NZDUSD
NZDUSD
2017-06-30
| Resistance and Support | Level | Explanation |
| Resistance | 0.7340 | H4 |
| Support | 0.7280 | H4 |
NZDUSD, H4: NZDUSD were traded higher following prior successful rebound from the upward trend line. However, the MACD indicator remained hovered outside of upward momentum suggests NZDUSD to oscillate within the range of 0.7280 and 0.7340 in the short-term as technical correction. Long-term trend direction suggests NZDUSD to extend its gains after successfully closing above the resistance level of 0.7340.
Resistance level: 0.7340, 0.7400
Support level: 0.7280, 0.7220