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300119 NZDUSD

by | Jan 30, 2019 | NZD/USD | 0 comments

GCMAsia - NZDUSD
NZDUSD
NZDUSD
2019-01-30
Resistance and Support Level Explanation
Resistance 0.6840 H4
Support 0.6800 H4

NZDUSD, H4: NZDUSD was traded lower following prior breakout below the previous support level 0.6840. MACD which display bearish momentum signal with the formation of death cross suggest the pair to extend its losses towards the support level 0.6800.

 

Resistance level: 0.6840, 0.6875

Support level: 0.6800, 0.6755