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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.
GCMAsia - NZDUSD
NZDUSD
NZDUSD
2020-03-02

NZDUSD, Weekly: NZDUSD was traded lower while currently testing near the support of 0.6200. MACD which illustrate bearish signal suggests the pair to extend its losses after closing below 0.6200.

 

Resistance level: 0.6435, 0.6700

Support level: 0.6200, 0.5790