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GCMAsia - NZDUSD
NZDUSD
NZDUSD
2017-07-31
Resistance and Support Level Explanation
Resistance 0.7550 Daily
Support 0.7470 Daily

NZDUSD, Daily: NZDUSD remains hovered in a tight range between 0.7470 and 0.7550 following prior uptrend after the formation of golden cross. MACD which continues to illustrate upside bias signal suggests NZDUSD to extend its uptrend after breaking the resistance level of 0.7550.

 

Resistance level: 0.7550, 0.7615

Support level: 0.7470, 0.7400