GCMAsia - NZDUSD

NZDUSD
2019-07-24

NZDUSD, H4: NZDUSD was traded lower following prior breakout below previous support level 0.6720. However, MACD which display diminishing bearish momentum suggest the pair to rebound back towards the resistance level 0.6720 as a short-term technical correction.
Resistance level: 0.6720, 0.6770
Support level: 0.6675, 0.6635