GCMAsia - NZDUSD

NZDUSD
2018-11-15
| Resistance and Support | Level | Explanation |
| Resistance | 0.6820 | H4 |
| Support | 0.6790 | H4 |

NZDUSD, H4: NZDUSD was traded higher following prior breakout above the previous resistance level at 0.6790. MACD which display the formation of a negative divergence suggest the pair to be traded lower as a technical correction.
Resistance level: 0.6820, 0.6850
Support level: 0.6790, 0.6750