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070918 NZDUSD

by | Sep 7, 2018 | NZD/USD | 0 comments

GCMAsia - NZDUSD
NZDUSD
NZDUSD
2018-09-07
Resistance and Support Level Explanation
Resistance 0.6580 H1
Support 0.6565 H1

NZDUSD, H1: NZDUSD was recently traded lower following prior retracement from the resistance level 0.6580. MACD which display a persistent bearish momentum suggest the pair to extend its losses after a breakthrough below the support level 0.6565.

 

Resistance level: 0.6580, 0.6605

Support level: 0.6565, 0.6540