83% of retail investor accounts lose money when trading CFDs with this provider.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 83% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

240517 NZDUSD

by | May 24, 2017 | NZD/USD | 0 comments

GCMAsia - NZDUSD
NZDUSD
NZDUSD
2017-05-24
Resistance and Support Level Explanation
Resistance 0.7020 H1
Support 0.6990 H1

NZDUSD, H1: NZDUSD was traded lower following prior retracement near the 20-moving average line (red). MACD histogram which continues to illustrate downward signal and momentum suggests NZDUSD to extend its downward momentum after breaking the support level of 0.6990.

 

Resistance level: 0.7020, 0.7045

Support level: 0.6990, 0.6960