GCMAsia - NZDUSD
NZDUSD
2018-10-16
| Resistance and Support | Level | Explanation |
| Resistance | 0.6590 | H1 |
| Support | 0.6545 | H1 |
NZDUSD, H1: NZDUSD was traded lower following prior retracement from the resistance level at 0.6590. MACD which illustrate starting of bearish momentum and formation of death cross suggest the pair to be traded lower toward its support level at 0.6545.
Resistance level: 0.6590, 0.6605
Support level: 0.6545, 0.6530