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GCMAsia - NZDUSD
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