GCMAsia-NZDUSD

NZDUSD
2020-03-23

NZDUSD, H4: NZDUSD was traded lower while currently testing near the support level 0.5530. MACD which illustrate diminishing bullish momentum with the starting formation of death cross suggest the pair to extend its losses after it breaks below the support level.
Resistance level: 0.5870, 0.6120
Support level: 0.5530, 0.5300