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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.

NZDUSD, H4: NZDUSD was traded flat near the resistance level 0.6815. However, MACD which illustrate diminishing bullish momentum signal with the formation of death cross suggest the pair to extend its losses toward the support level 0.6725.

 

Resistance level: 0.6815, 0.6905

Support level: 0.6725, 0.6630