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270520 NZDUSD

by | May 27, 2020 | NZD/USD | 0 comments

GCMAsia - NZDUSD
NZDUSD
NZDUSD
2020-05-27

NZDUSD, H4: NZDUSD was traded higher following prior breakout above the previous resistance level 0.6150. However, MACD which illustrate diminishing bullish bias signal suggest the pair to experience a short-term technical correction towards the current support level 0.6150.

 

Resistance level: 0.6250, 0.6365

Support level: 0.6150, 0.6070