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221118 NZDUSD-Noon

by | Nov 22, 2018 | NZD/USD | 0 comments

GCMAsia - NZDUSD
NZDUSD
NZDUSD
2018-11-22
Resistance and Support Level Explanation
Resistance 0.6845 H4
Support 0.6795 H4

NZDUSD, H4: NZDUSD was traded lower while currently testing near the support level 0.6795. MACD which display bearish momentum and the formation of negative divergence suggest the pair to extend its losses after successfully breaking the support level.

 

Resistance level: 0.6845, 0.6905

Support level: 0.6795, 0.6755