GCMAsia - NZDUSD
NZDUSD
2018-07-27
| Resistance and Support | Level | Explanation |
| Resistance | 0.6820 | H1 |
| Support | 0.6770 | H1 |
NZDUSD, H1: NZDUSD remain traded in consolidation phase after the price have failed to break through resistance level 0.6850 and retrace back to consolidation zone. MACD which show diminished bearish momentum and imminent sign of bullish bias suggest the pair may be traded higher towards the resistance level 0.6820.
Resistance level: 0.6820, 0.6850
Support level: 0.6770, 0.6725