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231118 NZDUSD

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

GCMAsia - NZDUSD
NZDUSD
NZDUSD
2018-11-23
Resistance and Support Level Explanation
Resistance 0.6815 H1
Support 0.6795 H1

NZDUSD, H1: NZDUSD remains traded within a descending channel following prior retrace from the top. MACD which illustrate diminishing upward momentum suggests the pair to be traded lower in short-term after closing below the 20-MA line (red).

 

Resistance level: 0.6815, 0.6840

Support level: 0.6795, 0.6775