• NZDCHF approached support zone
• Likely to rise to resistance level 0.6500
NZDCHF currency pair is currently trading near the support zone lying between the key support level 0.6420 and the lower daily Bollinger Band.
This support zone is further strengthened by the 61.8% Fibonacci correction of the upward from last December.
Given the strength of the nearby support zone – NZDCHF currency pair can then be expected to correct up from the current levels toward the next resistance level 0.6500 (top of the minor correction (ii) from the start of June).
- Nasdaq 100 reversed from strong support level 21000.00 - Likely to rise to resistance…
- USDJPY reversed from key support level 156.35 - Likely to rise to resistance level…
The recent declines in US indices may have broken the bullish trend, indicated by technical…
The dollar has paused its strengthening, as weaker-than-expected inflation data reduces fear of future Fed…
Bitcoin finds support near the 50-day moving average, but further declines in the stock market…
- EURCHF falling inside minor impulse wave 5 - Likely to fall to support level…
This website uses cookies
