GCMAsia - NZDUSD

NZDUSD
2017-10-30
| Resistance and Support | Level | Explanation |
| Resistance | 0.6875 | H1 |
| Support | 0.6815 | H1 |

NZDUSD, H1: NZDUSD was traded lower prior its failure to break resistance level at 0.6875. Formation of bearish engulfing candlestick and death-cross by MACD signal line suggest the pair to trade lower toward the support level at 0.6815.
Resistance level: 0.6875, 0.6935
Support level: 0.6815, 0.6685