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020418 NZDUSD

by | Apr 2, 2018 | NZD/USD | 0 comments

GCMAsia - NZDUSD
NZDUSD
NZDUSD
2018-04-02
Resistance and Support Level Explanation
Resistance 0.7260 H1
Support 0.7210 H1

NZDUSD, H1: NZDUSD was traded lower prior breaking support by 200-MA line. MACD histogram that portrays ongoing bearish momentum would suggest the pair to extend its losses towards the support level at 0.7210.

Resistance level: 0.7260, 0.7300

Support level: 0.7210, 0.7170