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GCMAsia - NZDUSD
NZDUSD
NZDUSD
2018-06-29
Resistance and Support Level Explanation
Resistance 0.6760 H1
Support 0.6720 H1

NZDUSD, H1: NZDUSD was traded lower following prior breakout while currently experiencing consolidation near the threshold of 0.6760. Both MA line which continues to expand downwards suggest the pair to extend its losses towards the direction of 0.6720.

 

Resistance level: 0.6760, 0.6790

Support level: 0.6720, 0.6680