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010618 NZDUSD

by | Jun 1, 2018 | NZD/USD | 0 comments

GCMAsia - NZDUSD
NZDUSD
NZDUSD
2018-06-01
Resistance and Support Level Explanation
Resistance 0.7010 H4
Support 0.6980 H4

NZDUSD, H4: NZDUSD was traded higher following prior rebound from the support level at 0.6980. MACD histogram which illustrate ongoing bullish bias suggests the pair to extend its gains after breaking the resistance level at 0.7010.

 

Resistance level: 0.7010, 0.7040

Support level: 0.6980, 0.6960