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310718 NZDUSD

by | Jul 31, 2018 | NZD/USD | 0 comments

GCMAsia - NZDUSD
NZDUSD
NZDUSD
2018-07-31
Resistance and Support Level Explanation
Resistance 0.6845 H1
Support 0.6820 H1

NZDUSD, H1: NZDUSD was traded lower while currently testing the support level 0.6820. MACD indicator which displays bearish bias with starting formation of death cross suggest the pair may extend its loss after it breaks below the support level 0.6820.

 

Resistance level: 0.6845, 0.6910

Support level: 0.6820, 0.6770