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GCMAsia - NZDUSD
NZDUSD
NZDUSD
2018-11-07
Resistance and Support Level Explanation
Resistance 0.6805 H4
Support 0.6735 H4

NZDUSD, H4: NZDUSD was traded higher following prior breakout from the resistance of 0.6700. MACD which begins to form a golden cross signal suggests the pair to extend its gains in short-term, towards the target near 0.6805.

 

Resistance level: 0.6805, 0.6850

Support level: 0.6735, 0.6700