GCMAsia - NZDUSD
NZDUSD
2017-05-19
| Resistance and Support | Level | Explanation |
| Resistance | 0.6900 | H1 |
| Support | 0.6880 | H1 |
NZDUSD, H1: NZDUSD was traded lower following prior formation of death cross by both moving average line. With regards to MACD histogram which continues to illustrate substantial downward signal and momentum, a closure below the strong support level of 0.6880 would suggest NZDUSD to move further downwards.
Resistance level: 0.6900, 0.6915
Support level: 0.6880, 0.6865