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270818 NZDUSD

by | Aug 27, 2018 | NZD/USD | 0 comments

GCMAsia - NZDUSD
NZDUSD
NZDUSD
2018-08-27
Resistance and Support Level Explanation
Resistance 0.6695 H1
Support 0.6665 H1

NZDUSD, H1: NZDUSD was traded lower following prior retracement from the resistance level 0.6695. MACD which display diminished bullish momentum with the starting formation of death cross suggest the pair to extend its losses towards the support level 0.6665.

 

Resistance level: 0.6695, 0.6720

Support level: 0.6665, 0.6640