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050819 NZDUSD-Noon

by | Aug 5, 2019 | NZD/USD | 0 comments

GCMAsia - NZDUSD
NZDUSD
NZDUSD
2019-08-05

NZDUSD, H4: NZDUSD was traded lower following prior retracement from the resistance level 0.6540. Due to lack of momentum and signal from MACD, a breakout above or below the resistance and support level is required to obtain further confirmation before entering the market.

 

Resistance level: 0.6540, 0.6580

Support level: 0.6500, 0.6470