GCMAsia - NZDUSD

NZDUSD
2018-12-27
| Resistance and Support | Level | Explanation |
| Resistance | 0.6745 | H4 |
| Support | 0.6700 | H4 |

NZDUSD, H4: NZDUSD was traded lower while currently testing near the upward trend line (red) and support level near 0.6700. MACD which illustrate diminishing bullish momentum suggest the pair to extend its losses after closing below the support level and upward trend line.
Resistance level: 0.6745, 0.6785
Support level: 0.6700, 0.6655