83% of retail investor accounts lose money when trading CFDs with this provider.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 83% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
GCMAsia - NZDUSD
NZDUSD
NZDUSD
2019-04-19

NZDUSD, H4: NZDUSD was traded lower following prior breakout below previous support level 0.6705. However, MACD which display diminishing bearish momentum suggest the pair to undergo short-term technical correction towards the resistance level 0.6705.

 

Resistance level: 0.6705, 0.6745

Support level: 0.6640, 0.6600