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050318 NZDUSD

by | Mar 5, 2018 | NZD/USD | 0 comments

GCMAsia - NZDUSD
NZDUSD
NZDUSD
2018-03-05
Resistance and Support Level Explanation
Resistance 0.7275 H4
Support 0.7225 H4

NZDUSD, H4: NZDUSD was traded lower prior retracement from resistance level at 0.7275. MACD histogram that displays diminishing bullish momentum would suggest the pair to extend its losses if breakout at 23.6 Fibonacci level is successful.

Resistance level: 0.7275, 0.7340

Support level: 0.7225, 0.7140