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.

NZDUSD, H4: NZDUSD was traded lower following the prior break below the previous support level at 0.6195. MACD which illustrated increasing bearish momentum suggests the pair extended it losses toward the support level.

 

Resistance level: 0.6195, 0.6265

Support level: 0.6120, 0.6050