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200718 NZDUSD

by | Jul 20, 2018 | NZD/USD | 0 comments

GCMAsia - NZDUSD
NZDUSD
NZDUSD
2018-07-20
Resistance and Support Level Explanation
Resistance 0.6750 H4
Support 0.6700 H4

NZDUSD, H4: NZDUSD was traded lower following prior retracement from the resistance level 0.67460. Recent price action and MACD indicator which displays signals of bearish momentum suggest the pair may extend its losses toward the support level 0.6700.

 

Resistance level: 0.6750, 0.6790

Support level: 0.6700, 0.6660