83% of retail investor accounts lose money when trading CFDs with this provider.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 83% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
GCMAsia-NZDUSD
NZDUSD
NZDUSD
2021-01-27

NZDUSD, H4: NZDUSD was traded higher while currently testing the resistance level at 0.7235. However, MACD which illustrated diminishing bullish momentum suggest the pair to be traded lower in short-term as technical correction.

 

Resistance level: 0.7235, 0.7305

Support level: 0.7165, 0.7110