GCMAsia - NZDUSD

NZDUSD
2020-01-09

NZDUSD, H4: NZDUSD was traded lower while currently testing the support level 0.6640. However, MACD which illustrate diminishing bearish momentum with the starting formation of golden cross suggest the pair to be traded higher as a technical correction towards the resistance level 0.6740.
Resistance level: 0.6740, 0.6830
Support level: 0.6640, 0.6565