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GCMAsia - NZDUSD
NZDUSD
NZDUSD
2018-06-11
Resistance and Support Level Explanation
Resistance 0.7060 H4
Support 0.7010 H4

NZDUSD, H4: NZDUSD was traded higher following prior rebound from the strong support level at 0.7010. MACD histogram which illustrate diminishing downward momentum suggests the pair to extend its gains and retest near the strong resistance of 0.7060.

 

Resistance level: 0.7060, 0.7090

Support level: 0.7010, 0.6980