• NZDCHF reversed key resistance level 0.6275
• Likely to fall to support level 0.6177
NZDCHF recently reversed down from the powerful resistance level 0.6275 (which has been reversing the price from the start of December), intersecting with the upper daily Bollinger Band and the 38.2% Fibonacci correction of the downward impulse from November.
The downward reversal from the resistance level 0.6275 stopped the earlier short-term impulse waves (i).
Given the strength of the resistance level 0.6275 – NZDCHF currency pair can be expected to fall further toward the next support level 0.6177 (low of the previous waves (iii), 1 and (b)).
🛟 Bitcoin is having a hard time staying afloat, even as major players step in…
We're gonna talk about the gas market, where prices are falling rapidly. Let's take a…
The US dollar weakened significantly in 2025, and its fate depends on central banks. The…
Major cryptocurrencies fell amid declining market sentiment, low liquidity, and institutional rebalancing, with Bitcoin dropping…
Dogecoin: ⬇️ Sell - Dogecoin broke long-term support level 0.1365 - Likely to fall to…
Alcoa: ⬇️ Sell - Alcoa reversed from strong resistance level 47.00 - Likely to fall to…
This website uses cookies