GCMAsia - NZDUSD

NZDUSD
2019-01-31
| Resistance and Support | Level | Explanation |
| Resistance | 0.6940 | H1 |
| Support | 0.6890 | H1 |

NZDUSD, H1: NZDUSD was traded higher following prior rebound from the support at 0.6890. However, MACD which illustrate diminished upward momentum suggests the pair to be traded lower in short-term as technical correction.
Resistance level: 0.6940, 0.7000
Support level: 0.6890, 0.6820