NZDUSD, H4: NZDUSD was traded higher following recent breakout above the previous resistance level 0.7155. However, MACD which illustrate diminishing bullish momentum signal suggest the pair to experience a retracement after it breaks back below the level 0.7155.
Resistance level: 0.7230, 0.7300
Support level: 0.7155, 0.7080