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GCMAsia - NZDUSD
NZDUSD
NZDUSD
2018-07-13
Resistance and Support Level Explanation
Resistance 0.6790 H4
Support 0.6740 H4

NZDUSD, H4: NZDUSD was traded higher following recent rebound from the trend line. Recent price action and MACD which indicate formation of upward momentum with bullish divergence suggest the pair could extend its gains after it breaks above the support line 0.6790

 

Resistance level: 0.6790, 0.6850

Support level: 0.6740, 0.6700