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300318 NZDUSD

by | Mar 30, 2018 | NZD/USD | 0 comments

GCMAsia - NZDUSD
NZDUSD
NZDUSD
2018-03-30
Resistance and Support Level Explanation
Resistance 0.7250 H1
Support 0.7200 H1

NZDUSD, H1: NZDUSD was traded lower following prior retrace from the 60-MA line (green). MACD histogram which illustrate diminishing upward momentum may suggest the pair to be traded lower in short-term towards the 20-MA line (red) and support level of 0.7200.

 

Resistance level: 0.7250, 0.7280

Support level: 0.7200, 0.7185