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221118 NZDUSD

by | Nov 22, 2018 | NZD/USD | 0 comments

GCMAsia - NZDUSD
NZDUSD
NZDUSD
2018-11-22
Resistance and Support Level Explanation
Resistance 0.6855 H4
Support 0.6795 H4

NZDUSD, H4: NZDUSD remains traded within a descending channel following prior retracement from the top level. Both MACD and Stochastic Oscillator which illustrate bearish signal suggests the pair to be traded lower in short-term, towards 0.6795.

 

Resistance level: 0.6855, 0.6970

Support level: 0.6795, 0.6715