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270519 NZDUSD

by | May 27, 2019 | NZD/USD | 0 comments

GCMAsia - NZDUSD
NZDUSD
NZDUSD
2019-05-27

NZDUSD, H4: NZDUSD was traded higher following prior breakout from previous resistance level 0.6540. However, MACD which display diminishing bullish momentum suggest the pair to undergo short-term technical correction and retrace back towards the support level 0.6540.

 

Resistance level: 0.6580, 0.6635

Support level: 0.6540, 0.6510