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GCMAsia - NZDUSD
NZDUSD
NZDUSD
2018-08-24
Resistance and Support Level Explanation
Resistance 0.6665 H1
Support 0.6640 H1

NZDUSD, H1: NZDUSD was traded higher following prior rebound from the support level 0.6615 and breakout above the previous resistance level 0.6640. Recent price action and MACD which illustrate bullish momentum signal suggest with golden cross formation suggest the pair to extend its gains towards the resistance level 0.6665.

 

Resistance level: 0.6665, 0.6695

Support level: 0.6640, 0.6615