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090718 NZDUSD

by | Jul 9, 2018 | NZD/USD | 0 comments

GCMAsia - NZDUSD
NZDUSD
NZDUSD
2018-07-09
Resistance and Support Level Explanation
Resistance 0.6890 H4
Support 0.6830 H4

NZDUSD, H4: NZDUSD remain traded higher in an ascending trend after it have break above the support line of 0.6830. MACD and RSI which illustrate ongoing upward momentum with MA lines forming a bullish crossover suggest the pair could continue to extend its gains toward resistance line of 0.6890.

 

Resistance line: 0.6890, 0.6920

Support lineL 0.6830, 0.6800