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
2018-08-20
Resistance and Support Level Explanation
Resistance 0.6440 H1
Support 0.6605 H1

NZDUSD, H1: NZDUSD was traded lower following recent retracement from the resistance level 0.6640. MACD which illustrate bearish signal with formation of golden cross suggest the pair to extend its losses towards the support level 0.6405.

 

Resistance level: 0.6440, 0.6665

Support level: 0.6605, 0.6575