83% of retail investor accounts lose money when trading CFDs with this provider.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 83% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

NZDUSD, H4: NZDUSD was traded flat while currently testing the support level 0.6725. However, MACD which illustrate diminishing bearish momentum signal with the formation of golden cross suggest the pair to be traded higher as a technical correction towards the resistance level 0.6815.

 

Resistance level: 0.6815, 0.6905

Support level: 0.6725, 0.6630