GCMAsia - NZDUSD

NZDUSD
2018-10-03
| Resistance and Support | Level | Explanation |
| Resistance | 0.6595 | H4 |
| Support | 0.6540 | H4 |

NZDUSD, H4: NZDUSD was traded lower following prior breakout below the previous support level 0.6595. Recent price action and MACD which illustrate persistent bearish momentum suggest the pair to extend its losses towards the support level 0.6540.
Resistance level: 0.6595, 0.6635
Support level: 0.6540, 0.6500