GCMAsia - NZDUSD
NZDUSD
2019-01-18
| Resistance and Support | Level | Explanation |
| Resistance | 0.6780 | H1 |
| Support | 0.6710 | H1 |
NZDUSD, H1: NZDUSD was traded lower following prior retrace from the downward trendline. MACD which illustrate diminished upward momentum suggests the pair to advance further downwards after closing below the 20-MA line (red).
Resistance level: 0.6780, 0.6840
Support level: 0.6710, 0.6645