NZDUSD, H1: NZDUSD was traded higher following prior rebound near the support level of 0.6990. MACD histogram which illustrate the formation of golden cross signal suggests the pair to be traded higher in short-term as technical correction. Otherwise, major trend for the pair is still skew towards bearish.
Resistance level: 0.7030, 0.7055
Support level: 0.6990, 0.6950