GCMAsia - NZDUSD
NZDUSD
2020-11-26
NZDUSD, H4: NZDUSD was traded higher following recent breakout above the previous resistance level 0.6985. However, MACD which display diminishing bullish momentum signal suggest the pair to be traded lower as a short term technical correction back towards the level 0.6985.
Resistance level: 0.7055, 0.7155
Support level: 0.6985, 0.6910