GCMAsia - NZDUSD

NZDUSD
2018-10-15
| Resistance and Support | Level | Explanation |
| Resistance | 0.6525 | H4 |
| Support | 0.6485 | H4 |

NZDUSD, H4: NZDUSD was traded lower following prior retracement from the resistance level at 0.6525. MACD which illustrate diminishing of bullish momentum and formation of death cross suggest the pair to extend its losses toward the support level at 0.6485.
Resistance level: 0.6525, 0.6595
Support level: 0.6485, 0.6455