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050618 NZDUSD

by | Jun 5, 2018 | AUD/USD | 0 comments

GCMAsia - NZDUSD
NZDUSD
NZDUSD
2018-06-05
Resistance and Support Level Explanation
Resistance 0.7040 H1
Support 0.7010 H1

NZDUSD, H1: NZDUSD remains traded within an ascending wedge while currently testing at the mid-level. MACD histogram which illustrate downward signal suggests the pair to be traded lower in short-term after closing below the 20-MA line (red).

 

Resistance level: 0.7040, 0.7060

Support level: 0.7010, 0.6980