GCMAsia - NZDUSD

NZDUSD
2020-02-11

NZDUSD, H4: NZDUSD was traded lower following prior retracement from the resistance level at 0.6405. However, MACD which illustrated diminishing bearish momentum suggest the pair to undergo short term technical correction toward the resistance level at 0.6405.
Resistance level: 0.6405, 0.6455
Support level: 0.6365, 0.6325