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290518 NZDUSD

by | May 29, 2018 | NZD/USD | 0 comments

GCMAsia - NZDUSD
NZDUSD
NZDUSD
2018-05-29
Resistance and Support Level Explanation
Resistance 0.6930 H1
Support 0.6920 H1

NZDUSD, H1: NZDUSD was traded lower following prior retracement from the 20-MA line (red). MACD histogram which continues to illustrate downward signal suggests the pair to extend its losses towards the upward trendline near 0.6920.

 

Resistance level: 0.6930, 0.6955

Support level: 0.6920, 0.6905