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041219 NZDUSD

by | Dec 4, 2019 | NZD/USD | 0 comments

GCMAsia - NZDUSD
NZDUSD
NZDUSD
2019-12-04

NZDUSD, H4: NZDUSD was traded higher following prior breakout above the previous resistance level 0.6500. However, MACD which illustrate diminishing bullish momentum signal suggest the pair to experience a short term technical correction towards the current support level 0.6500.

 

Resistance level: 0.6585, 0.6650

Support level: 0.6500, 0.6435