GCMAsia - NZDUSD

NZDUSD
2019-12-27

NZDUSD, H1: NZDUSD was traded higher following prior breakout above the previous resistance level at 0.6665. However, MACD which illustrated diminishing bullish momentum suggest the pair to undergo short term technical correction toward the support level at 0.6665.
Resistance level: 0.6695, 0.6725
Support level: 0.6665, 0.6640