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191118 NZDUSD-Noon

by | Nov 19, 2018 | NZD/USD | 0 comments

GCMAsia - NZDUSD
NZDUSD
NZDUSD
2018-11-19
Resistance and Support Level Explanation
Resistance 0.6855 H4
Support 0.6790 H4

NZDUSD, H4: NZDUSD was traded lower following prior recent retracement from the resistance level 0.6855. MACD which illustrate bearish momentum with negative divergence suggest the pair to extend its retracement towards the support level 0.6790.

 

Resistance level: 0.6855, 0.6925

Support level: 0.6790, 0.6700