• NZDCHF reversed from resistance level 0.6420
• Likely to fall to support level 0.6315
NZDCHF recently reversed down from the resistance level 0.6420 (which has been reversing this currency pair from the start of June, as can be seen below) – intersecting with the upper daily Bollinger Band.
The downward reversal from the resistance level stopped the previous short-term impulse wave 3 from the middle of January.
Given the weakening bullish pressure on this currency pair – as is revealed buy the falling RSI indicator – NZDCHF is expected to fall further toward the next support level 0.6315.
Middle East tensions and Venezuelan supply shifts drive Brent crude volatility, with geopolitical risks and…
Crypto market edges up as risk appetite returns; Bitcoin and Ethereum recover, despite investor caution…
The dollar resumed its growth after the lawsuit against the Fed chairman. Rumours of early…
Today is Tuesday, the 13th of January, and we will talk about the natural gas…
Bitcoin Cash: ⬇️ Sell - Bitcoin Cash reversed from resistance area - Likely to fall…
EURJPY: ⬆️ Buy - EURJPY reversed from support area - Likely to rise to resistance…
This website uses cookies