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020818 NZDUSD

by | Aug 2, 2018 | NZD/USD | 0 comments

GCMAsia - NZDUSD
NZDUSD
NZDUSD
2018-08-02
Resistance and Support Level Explanation
Resistance 0.6790 H1
Support 0.6760 H1

NZDUSD, H1: NZDUSD was traded lower following prior breakout below the support level 0.6790. MACD which illustrate ongoing bearish momentum suggest the pair may extend its losses towards the next support level 0.6760.

 

Resistance level: 0.6790, 0.6820

Support level: 0.6760, 0.6725