NZDCHF today reversed up from the multi-month support level 0.6330 – which also stopped the strong downtrend in September.
The support area near the support level 0.6330 was strengthened by the lower daily Bollinger Band.
Given the oversold daily Stochastic indicator – NZDCHF is expected to rise further and retest the next resistance level 0.6430 (former support from May and June).
The US dollar has strengthened, reaching the upper boundary of its trading range. The British…
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- USDJPY broke key resistance level 154.70 - Likely to rise to resistance level 157.20…
- USDJPY broke key resistance level 154.70 - Likely to rise to resistance level 157.20…
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