GCMAsia - NZDUSD
NZDUSD
2017-05-12
| Resistance and Support | Level | Explanation |
| Resistance | 0.6860 | H4 |
| Support | 0.6825 | H4 |
NZDUSD, H4: NZDUSD remains under pressure following prior formation of death cross by both moving average line. As the MACD histogram continues to illustrate downward signal, a closure below the support level of 0.6825 would suggest NZDUSD to extend its downward momentum.
Resistance level: 0.6860, 0.6900
Support level: 0.6825, 0.6780