GCMAsia - NZDUSD
NZDUSD
2017-05-05
| Resistance and Support | Level | Explanation |
| Resistance | 0.6890 | H4 |
| Support | 0.6845 | H4 |
NZDUSD, H4: NZDUSD were traded lower following prior retracement from the resistance level of 0.6890. As the MACD histogram continues to illustrate significant downward signal and momentum, it is expected to advance further down and retest at the support level of 0.6845.
Resistance level: 0.6890, 0.6925
Support level: 0.6845, 0.6810