83% of retail investor accounts lose money when trading CFDs with this provider.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 83% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

070120 NZDUSD

by | Jan 7, 2020 | NZD/USD | 0 comments

GCMAsia - NZDUSD
NZDUSD
NZDUSD
2020-01-07

NZDUSD, H4: NZDUSD was traded flat while currently testing near the support level 0.6640. However, MACD which illustrate diminishing bearish momentum signal with the starting formation of golden cross suggest the pair to experience a technical correction towards the resistance level 0.6740.

 

Resistance level: 0.6740, 0.6830

Support level: 0.6640, 0.6565