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060418 NZDUSD

by | Apr 6, 2018 | NZD/USD | 0 comments

GCMAsia - NZDUSD
NZDUSD
NZDUSD
2018-04-06
Resistance and Support Level Explanation
Resistance 0.7280 H4
Support 0.7250 H4

NZDUSD, H4: NZDUSD was traded lower following prior retracement and closure below the 20-MA line (red). The formation of death cross signal from MACD histogram suggests the pair to extend its losses after successfully closing below the 60-MA line (green) and 0.7250.

 

Resistance level: 0.7280, 0.7300

Support level: 0.7250, 0.7225