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041018 NZDUSD-Noon

by | Oct 4, 2018 | NZD/USD | 0 comments

GCMAsia - NZDUSD
NZDUSD
NZDUSD
2018-10-04
Resistance and Support Level Explanation
Resistance 0.6500 H4
Support 0.6435 H4

NZDUSD, H4: NZDUSD was traded lower following prior breakout from the support of 0.6500. MACD which illustrate persistent bearish momentum suggest the pair to extend its losses towards the support level 0.6435.

 

Resistance level: 0.6500, 0.6560

Support level: 0.6435, 0.6375