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121018 NZDUSD-Noon

by | Oct 12, 2018 | NZD/USD | 0 comments

GCMAsia - NZDUSD
NZDUSD
NZDUSD
2018-10-12
Resistance and Support Level Explanation
Resistance 0.6530 H1
Support 0.6495 H1

NZDUSD, H1: NZDUSD was traded lower following prior retracement from the resistance level 0.6530. MACD which display bearish momentum and the formation of death cross suggest the pair to extend its losses towards the support level 0.6495.

 

Resistance level: 0.6530, 0.6595

Support level: 0.6495, 0.6460