GCMAsia - NZDUSD
NZDUSD
2018-07-25
| Resistance and Support | Level | Explanation |
| Resistance | 0.6850 | H4 |
| Support | 0.6790 | H4 |
NZDUSD, H4: NZDUSD remain traded in a falling wedge channel following prior retracement from top of the channel and currently retest the support level 0.6790. Due to the lack of clear signal displayed from MACD, it is suggest for the pair to wait for further clear signal such as a breakout above the channel or below the support before entering the market.
Resistance level: 0.6850, 0.6910
Support level: 0.6790, 0.6745