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051018 NZDUSD-Noon

by | Oct 5, 2018 | NZD/USD | 0 comments

GCMAsia - NZDUSD
NZDUSD
NZDUSD
2018-10-05
Resistance and Support Level Explanation
Resistance 0.6505 H4
Support 0.6460 H4

NZDUSD, H4: NZDUSD was traded lower while currently testing the support level 0.6460. Recent price action and MACD which display bearish momentum suggest the pair to extend its losses after a breakout below the support level.

 

Resistance level: 0.6505, 0.6560

Support level: 0.6460, 0.6430