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120718 NZDUSD

by | Jul 12, 2018 | NZD/USD | 0 comments

GCMAsia - NZDUSD
NZDUSD
NZDUSD
2018-07-12
Resistance and Support Level Explanation
Resistance 0.6790 H4
Support 0.6740 H4

NZDUSD, H4: NZDUSD was traded lower while currently retest the support line 0.6740. Recent price actions and MACD display an ongoing downward momentum with a bearish crossover suggest the pair could extend its losses after break below the support level of 0.6740 for confirmation.

 

Resistance level: 0.6790, 0.6850

Support level: 0.6740, 0.6700