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020119 NZDUSD

by | Jan 2, 2019 | NZD/USD | 0 comments

GCMAsia - NZDUSD
NZDUSD
NZDUSD
2019-01-02
Resistance and Support Level Explanation
Resistance 0.6700 H4
Support 0.6655 H4

NZDUSD, H4: NZDUSD was traded lower following prior breakout below previous support level at 0.6700. MACD which display diminishing bullish momentum suggest the pair to extend its losses towards the support level 0.6650.

 

Resistance level: 0.6700, 0.6745

Support level: 0.6655, 0.6600