GCMAsia - NZDUSD

NZDUSD
2019-04-16

NZDUSD, H4: NZDUSD was traded in a sideway channel while currently testing near the resistance level 0.6770. However, MACD which illustrate diminishing bullish momentum suggest the pair to be traded lower as a technical correction in short term towards the support level 0.6725.
Resistance level: 0.6770, 0.6815
Support level: 0.6725, 0.6680