GCMAsia - NZDUSD

NZDUSD
2019-06-28

NZUDSD, H4: NZDUSD was traded flat following recent breakout above the previous resistance level 0.6680. However, MACD which display diminishing bullish momentum with the starting formation of death cross suggest the pair to experience a technical correction in short term towards the support level 0.6680.
Resistance level: 0.6720, 0.6770
Support level: 0.6680, 0.6640