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080420 NZDUSD

by | Apr 8, 2020 | NZD/USD | 0 comments

GCMAsia - NZDUSD
NZDUSD
NZDUSD
2020-04-08

NZDUSD, H4: NZDUSD was traded higher following prior rebound from the support level 0.5840. However, MACD which illustrate diminishing bullish momentum suggest the pair to experience a short-term technical correction towards back the support level 0.5840.

 

Resistance level: 0.6060, 0.6365

Support level: 0.5840, 0.5580