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060918 NZDUSD

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

GCMAsia - NZDUSD
NZDUSD
NZDUSD
2018-09-06
Resistance and Support Level Explanation
Resistance 0.6580 H1
Support 0.6565 H1

NZDUSD, H1: NZDUSD was recently traded lower following prior breakout below the previous support level 0.6580. MACD which display the starting of a bearish signal and the formation of a death cross suggest the pair to extend its losses towards the support level 0.6565.

 

Resistance level: 0.6580, 0.6605

Support level: 0.6565, 0.6540