GCMAsia-NZDUSD

NZDUSD
2021-01-05

NZDUSD, Weekly: NZDUSD was traded higher following prior breakout above the previous resistance level at 0.7110. However, MACD which illustrated diminishing bullish momentum suggest the pair to be traded lower in short-term as technical correction.
Resistance level: 0.7340, 0.7550
Support level: 0.7110, 0.6905