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GCMAsia - NZDUSD
NZDUSD
NZDUSD
2018-10-17
Resistance and Support Level Explanation
Resistance 0.6635 H4
Support 0.6575 H4

NZDUSD, H4: NZDUSD was traded higher following prior breakout above the previous resistance level 0.6575. MACD which illustrate diminishing bullish momentum suggest the pair to be traded lower after a breakout below the support level 0.6575.

 

Resistance level: 0.6635, 0.6675

Support level: 0.6575, 0.6530