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050619 NZDUSD

by | Jun 5, 2019 | NZD/USD | 0 comments

GCMAsia - NZDUSD
NZDUSD
NZDUSD
2019-06-05

NZDUSD, H4: NZDUSD was traded higher following prior breakout previous resistance level 0.6580. However, MACD which display diminishing bullish momentum suggest the pair to undergo short-term technical correction and retrace back towards the support level 0.6580.

 

Resistance level: 0.6635, 0.6675

Support level: 0.6580, 0.6540