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020718 NZDUSD

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

GCMAsia - NZDUSD
NZDUSD
NZDUSD
2018-07-02
Resistance and Support Level Explanation
Resistance 0.6790 H1
Support 0.6760 H1

NZDUSD, H1: NZDUSD was traded lower following prior retracement from the resistance level of 0.6790. MACD histogram which illustrate diminishing upward momentum suggest the pair to extend its losses following a successful closure below the support level of 0.6760.

 

Resistance level: 0.6790, 0.6820

Support level: 0.6760, 0.6735