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230518 NZDUSD

by | May 23, 2018 | NZD/USD | 0 comments

GCMAsia - NZDUSD
NZDUSD
NZDUSD
2018-05-23
Resistance and Support Level Explanation
Resistance 0.6970 H1
Support 0.6925 H1

NZDUSD, H1: NZDUSD was traded higher following prior rebound from the support level at 0.6925. MACD histogram which illustrate diminishing downward momentum may suggest the pair to extend its gains after closing above the 20-MA line (red).

 

Resistance level: 0.6970, 0.7005

Support level: 0.6925, 0.6895