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010219 NZDUSD

by | Feb 1, 2019 | NZD/USD | 0 comments

GCMAsia - NZDUSD
NZDUSD
NZDUSD
2019-02-01
Resistance and Support Level Explanation
Resistance 0.6965 H4
Support 0.6910 H4

NZDUSD, H4: NZDUSD was lower while currently testing the support level 0.6910. MACD which illustrate diminishing bearish momentum suggest the pair to extend its retracement after if breaks below the support level 0.6910.

 

Resistance level: 0.6965, 0.7025

Support level: 0.6910, 0.6875