GCMAsia - NZDUSD
NZDUSD
2018-07-24
| Resistance and Support | Level | Explanation |
| Resistance | 0.6800 | H4 |
| Support | 0.6750 | H4 |
NZDUSD, H4: NZDUSD remain traded in a falling wedge channel following prior recent retracement from the top level of the channel. MACD which display starting formation of death cross and signs of starting bearish momentum suggest the pair could be traded lower towards the support level 0.6750.
Resistance level: 0.6800, 0.6835
Support level: 0.6750, 0.6715