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021118 NZDUSD-Noon

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

GCMAsia - NZDUSD
NZDUSD
NZDUSD
2018-11-02
Resistance and Support Level Explanation
Resistance 0.6680 H1
Support 0.6640 H1

NZDUSD, H4: NZDUSD was traded higher while currently testing near the resistance level at 0.6680. MACD which illustrate diminishing bearish momentum and the formation of golden cross suggest the pair to extend its gains after successfully breakout the resistance level at 0.6680.

Resistance level: 0.6680, 0.6710

Support level: 0.6640, 0.6610