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010219 NZDUSD-Noon

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

GCMAsia - NZDUSD
NZDUSD
NZDUSD
2019-02-01
Resistance and Support Level Explanation
Resistance 0.6940 H1
Support 0.6890 H1

NZDUSD, H1: NZDUSD was traded lower following prior retracement from the top level of ascending channel. MACD which begins to form a death cross signal suggests the pair to be traded lower in short-term after closing below 0.6890.

Resistance level: 0.6940, 0.7000

Support level: 0.6890, 0.6820