NZDCHF continues to rise inside after the earlier breakout of the resistance area lying between the resistance level 0.6650 (former support from July), daily up channel from September, 100-day moving average and the 38.2% Fibonacci correction of the previous downward impulse from April.
The breakout of this resistance area accelerated the active short-term impulse wave C – which belongs to the medium-term ABC correction (B) from September.
NZDCHF is expected to rise further and re-test the next resistance level 0.6750. Strong support now stands at 0.6650.
- EURCHF falling inside minor impulse wave 5 - Likely to fall to support level…
- USDCHF reversed from resistance zone - Likely to fall to support level 0.8860 USDCHF…
The US dollar is at two-year highs. Factors such as changes in the Fed's monetary…
The crypto market is experiencing a decline, with a potential further drop in value. Bitcoin…
- EURGBP reversed from support zone - Likely to rise to resistance level 0.8300 EURGBP…
- EURJPY broke resistance zone - Likely to rise to resistance level 165.00 EURJPY currency…
This website uses cookies
