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120520 NZDUSD-Noon

by | May 12, 2020 | NZD/USD | 0 comments

GCMAsia-NZDUSD
NZDUSD
NZDUSD
2020-05-12

NZDUSD, H4: NZDUSD was traded higher following recent retracement from the resistance level 0.6140. MACD which illustrate bearish momentum signal with the formation of death cross suggest the pair to extend its losses towards the support level 0.6005.

 

Resistance level: 0.6140, 0.6250

Support level: 0.6005, 0.5910