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.

011018 NZDUSD

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

GCMAsia - NZDUSD
NZDUSD
NZDUSD
2018-10-01
Resistance and Support Level Explanation
Resistance 0.6620 H1
Support 0.6600 H1

NZDUSD, H1: NZDUSD was traded lower following prior retrace from the 60-MA line (green). MACD which begins to form a death cross signal suggests the pair to extend its losses after closing below the 20-MA line (red).

 

Resistance level: 0.6620, 0.6635

Support level: 0.6600, 0.6575