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200520 NZDUSD-Noon

by | May 20, 2020 | NZD/USD | 0 comments

GCMAsia-NZDUSD
NZDUSD
NZDUSD
2020-05-20

NZDUSD, H4: NZDUSD was traded higher following recent breakout above the previous resistance level 0.6070. However, MACD which display diminishing bullish bias signal suggest the pair to be traded lower as a technical correction in short term towards the current support level 0.6070.

 

Resistance level: 0.6150, 0.6250

Support level: 0.6070, 0.6005