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GCMAsia - NZDUSD
NZDUSD
NZDUSD
2018-06-21
Resistance and Support Level Explanation
Resistance 0.6880 Daily
Support 0.6720 Daily

NZDUSD, Daily: NZDUSD extended losses following prior closure below the support level of 0.6880. MACD histogram which illustrate persistent downward signal and momentum suggests the pair to extend its bearish trending towards the direction of next target at 0.6720.

 

Resistance level: 0.6880, 0.7040

Support level: 0.6720, 0.6610