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250618 NZDUSD

by | Jun 25, 2018 | NZD/USD | 0 comments

GCMAsia - NZDUSD
NZDUSD
NZDUSD
2018-06-25
Resistance and Support Level Explanation
Resistance 0.6910 H1
Support 0.6880 H1

NZDUSD, H1: NZDUSD was traded lower following prior retracement while currently testing near the 20-MA line (red). MACD histogram which illustrate the formation of death cross signal suggests the pair to extend its losses after closing below the 20-MA line.

 

Resistance level: 0.6910, 0.6950

Support level: 0.6880, 0.6855