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050918 NZDUSD

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

GCMAsia - NZDUSD
NZDUSD
NZDUSD
2018-09-05
Resistance and Support Level Explanation
Resistance 0.6565 H1
Support 0.6545 H1

NZDUSD, H1: NZDUSD was recently traded higher following prior breakout above the previous resistance level 0.6545. Recent price movement and MACD which illustrate a bullish momentum suggest that the pair may extend its gains after a breakout above the resistance level 0.6565.

 

Resistance level: 0.6565, 0.6580

Support level: 0.6545, 0.6530