83% of retail investor accounts lose money when trading CFDs with this provider.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 83% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
GCMAsia - NZDUSD
NZDUSD
NZDUSD
2018-05-14
Resistance and Support Level Explanation
Resistance 0.6970 Daily
Support 0.6910 Daily

NZDUSD, D1: NZDUSD was traded higher after rebound from support level at 0.6910. Golden-cross as displayed by MACD signal line would suggest the pair to trade higher if breakout at the resistance level 0.6970 is successful.

Resistance level: 0.6970, 0.7030

Support level: 0.6910, 0.6880