GCMAsia - NZDUSD

NZDUSD
2018-10-08
| Resistance and Support | Level | Explanation |
| Resistance | 0.6460 | H4 |
| Support | 0.6400 | H4 |

NZDUSD, H4: NZDUSD was traded lower following prior breakout below the previous support level 0.6460. MACD which illustrate diminishing bearish momentum suggest the pair to undergo short-term technical correction towards the resistance level 0.6460.
Resistance level: 0.6460, 0.6505
Support level: 0.6400, 0.6375