GCMAsia - NZDUSD

NZDUSD
2018-06-08
| Resistance and Support | Level | Explanation |
| Resistance | 0.7060 | H4 |
| Support | 0.7010 | H4 |

NZDUSD, H4: NZDUSD was traded lower following prior retracement from the resistance level of 0.7060. MACD histogram which illustrate downward signal suggests the pair to extend its losses after breaking the strong support level at 0.7010.
Resistance level: 0.7060, 0.7100
Support level: 0.7010, 0.6980