GCMAsia - NZDUSD

NZDUSD
2018-12-07
| Resistance and Support | Level | Explanation |
| Resistance | 0.6890 | H4 |
| Support | 0.6830 | H4 |

NZDUSD, H4: NZDUSD was traded lower while currently testing near the upward trendline. MACD which illustrates diminishing downward momentum suggests the pair to extend its gains in the event of a successful rebound from the trendline.
Resistance level: 0.6890, 0.6940
Support level: 0.6830, 0.6780