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060818 NZDUSD

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

GCMAsia - NZDUSD
NZDUSD
NZDUSD
2018-08-06
Resistance and Support Level Explanation
Resistance 0.6755 H1
Support 0.6720 H1

NZDUSD, H1: NZDUSD was traded lower following recent retracement from the resistance level 0.6755. MACD which display bearish signal with starting formation of death cross suggest the pair may extend its losses towards the support level 0.6720.

 

Resistance level: 0.6755, 0.6785

Support level: 0.6720, 0.6695