GCMAsia - NZDUSD
NZDUSD
2018-05-15
| Resistance and Support | Level | Explanation |
| Resistance | 0.6970 | H4 |
| Support | 0.6900 | H4 |
NZDUSD, H4: NZDUSD was traded lower following prior retracement from the resistance level of 0.6970. MACD histogram which has formed a death cross signal may suggests further bearish bias. However, a close below the target at 0.6900 is required to attain further validation.
Resistance level: 0.6970, 0.7045
Support level: 0.6900, 0.6820