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240518 NZDUSD

by | May 24, 2018 | NZD/USD | 0 comments

GCMAsia - NZDUSD
NZDUSD
NZDUSD
2018-05-24
Resistance and Support Level Explanation
Resistance 0.6950 H1
Support 0.6920 H1

NZDUSD, H1: NZDUSD was traded lower following prior retracement from the 60-MA line (green). MACD histogram which illustrate diminishing upward momentum may suggest the pair to extend its losses after breaking the support level near 0.6920.

 

Resistance level: 0.6950, 0.6980

Support level: 0.6920, 0.6885