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091018 NZDUSD-Noon

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

GCMAsia - NZDUSD
NZDUSD
NZDUSD
2018-10-09
Resistance and Support Level Explanation
Resistance 0.6460 H1
Support 0.6415 H1

NZDUSD, H1: NZDUSD was traded lower following prior retracement from the resistance level 0.6460. MACD which display bearish bias and the formation of a death cross suggest the pair to extend its retracement towards the support level 0.6415.

 

Resistance level: 0.6460, 0.6505

Support level: 0.6415, 0.6365