GCMAsia - NZDUSD

NZDUSD
2018-09-24
Resistance and Support | Level | Explanation |
Resistance | 0.6665 | H4 |
Support | 0.6615 | H4 |
NZDUSD, H4: NZDUSD was recently traded lower following prior breakout below the previous support level 0.6665. Recent price movement and MACD which illustrate bearish momentum and the formation of a death cross suggest the pair to extend its losses towards the support level 0.6615.
Resistance level: 0.6665, 0.6715
Support level: 0.6615, 0.6580