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050718 NZDUSD

by | Jul 5, 2018 | NZD/USD | 0 comments

GCMAsia - NZDUSD
NZDUSD
NZDUSD
2018-07-05
Resistance and Support Level Explanation
Resistance 0.6775 H1
Support 0.6760 H1

NZDUSD, H1: NZDUSD remains traded in a consolidation phase while currently testing near the threshold of 0.6760. MACD which illustrate diminishing downward momentum suggests to be traded higher in short-term following a bullish rebound from 0.6760.

 

Resistance level: 0.6775, 0.6800

Support level: 0.6760, 0.6740