GCMAsia - NZDUSD

NZDUSD
2019-05-23

NZDUSD, H1: NZDUSD was traded lower while currently testing near the bottom level of descending channel. MACD which illustrate diminishing upward momentum suggests the pair to extend its losses after breaking the bottom level of the channel.
Resistance level: 0.6500, 0.6540
Support level: 0.6450, 0.6420