GCMAsia - NZDUSD

NZDUSD
2018-06-12
| Resistance and Support | Level | Explanation |
| Resistance | 0.7060 | H4 |
| Support | 0.7010 | H4 |

NZDUSD, H4: NZDUSD was traded lower following prior retracement and closure below the 20-MA line (red). MACD histogram which illustrate downward signal suggests the pair to extend its losses after breaking the strong support level near 0.7010.
Resistance level: 0.7060, 0.7090
Support level: 0.7010, 0.6980