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).
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