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051118 NZDUSD-Noon

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

GCMAsia - NZDUSD
NZDUSD
NZDUSD
2018-11-05
Resistance and Support Level Explanation
Resistance 0.6675 H4
Support 0.6635 H4

NZDUSD, H4: NZDUSD was traded lower while currently testing near the support level at 0.6635. MACD which illustrate starting bearish momentum and the formation of death cross suggest the pair to extend its losses after successfully breakout the support level at 0.6635.

Resistance level: 0.6675, 0.6710

Support level: 0.6635, 0.6610