GCMAsia - NZDUSD

NZDUSD
2018-08-13
| Resistance and Support | Level | Explanation |
| Resistance | 0.6590 | H1 |
| Support | 0.6560 | H1 |

NZDUSD, H1: NZDUSD was traded in a tight range between resistance level 0.6590 and support level 0.6560 while currently testing near the resistance level 0.6590. Although MACD display persistent bullish bias with the positive divergence pattern, a breakout above the resistance level 0.6590 is required to attain further confirmation.
Resistance level: 0.6590, 0.6610
Support level: 0.6560, 0.6515