GCMAsia - NZDUSD

NZDUSD
2020-10-16

NZDUSD, H4: NZDUSD remain traded in a sideway channel following recent retracement from the resistance level 0.6675. However, MACD which illustrate bearish momentum signal suggest the pair to extend its retracement in short term towards the support level 0.6530.
Resistance level: 0.6675, 0.6790
Support level: 0.6530, 0.6390