GCMAsia - NZDUSD
NZDUSD
2017-11-06
| Resistance and Support | Level | Explanation |
| Resistance | 0.6935 | H1 |
| Support | 0.6880 | H1 |
NZDUSD, H1: NZDUSD was traded lower prior retracement from resistance level at 0.6935. Formation of head and shoulder candlestick pattern and negative divergence as formed by MACD signal line suggest the pair to extend losses toward support by 200-MA line and support level at 0.6880.
Resistance level: 0.6935, 0.6975
Support level: 0.6880, 0.6835