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110418 NZDUSD

by | Jul 11, 2018 | NZD/USD | 0 comments

GCMAsia - NZDUSD
NZDUSD
NZDUSD
2018-07-11
Resistance and support Level Explanation
Resistance 0.6840 H1
Support 0.6810 H1

NZDUSD, H1: NZDUSD remain traded in a descending symmetrical triangle while currently retest the support line of 0.6810.  Although recent price actions and MACD also RSI display ongoing bearish bias, a break below the support line 0.6810 is required for further confirmation.

 

Resistance level: 0.6840, 0.6890

Support level: 0.6810, 0.6780