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030518 NZDUSD

by | May 3, 2018 | NZD/USD | 0 comments

GCMAsia - NZDUSD
NZDUSD
NZDUSD
2018-05-03
Resistance and Support Level Explanation
Resistance 0.7030 H1
Support 0.6990 H1

NZDUSD, H1: NZDUSD was traded higher following prior rebound near the support level at 0.6990. MACD histogram which has illustrated positive divergence signal suggests the pair to extend its gains after a closure above the 20-MA line (red).

 

Resistance level: 0.7030, 0.7055

Support level: 0.6990, 0.6950