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240119 NZDUSD

by | Jan 24, 2019 | NZD/USD | 0 comments

GCMAsia - NZDUSD
NZDUSD
NZDUSD
2019-01-24
Resistance and Support Level Explanation
Resistance 0.6850 H4
Support 0.6780 H4

NZDUSD, H4: NZDUSD was traded lower while currently testing near the support level 0.6780. MACD which illustrate diminishing bullish momentum suggest the pair to extend its losses after breaking below the support level.

Resistance level: 0.6850, 0.6915

Support level: 0.6780, 0.6715