i thiink if this pair break the 0.6925 in the hourly end close abouve it he will up end enter in bulish to confirm this trend we must wait for the ather indicator signal
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i thiink if this pair break the 0.6925 in the hourly end close abouve it he will up end enter in bulish to confirm this trend we must wait for the ather indicator signal
we can see that the pair has failed in breaking 0.7000 and bounced from it , so that's mean the down trend is expected and the pair might head to 0.6940 and then 0.6900
as we can see the weekly chart is down trend and the last week candle formed bearish. the price i guess is about to test the nearest support at 0.6800
A daily chart of the NZD/CHF pair identifies a descending wedge formation as recent risk aversion flows continue to see traders moving from the higher-yielding, growth-linked currencies
NZD/CHF pair identifies a descending wedge formation as recent risk aversion flows continue to see traders moving from the higher-yielding, growth-linked currencies, into the safety of the swissie
If a M15 close above 0.7150 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 0.7000 sell only and do not buy. If price closes back above it again do nothing
The range 0.7150 and 0.7000 is neutral area, any trade done in between is personal decision and not part of this analysis
we can see that the pair has failed in breaking 0.7000 and bounced from it , so that's mean the down trend is expected and the pair might head to 0.6940 and then 0.6900
If a M15 close above 0.7000 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 0.6900 sell only and do not buy. If price closes back above it again do nothing
The range 0.7000 and 0.6900 is neutral area, any trade done in between is personal decision and not part of this analysis
the pair and as we can see from the chart has closed it's daily candle above the level of 0.6900 , so , that's mean the up trend is still standing and the pair is heading to 0.6950 then 0.6975
If a M15 close above 0.6900 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 0.6800 sell only and do not buy. If price closes back above it again do nothing
The range 0.6900 and 0.6800 is neutral area, any trade done in between is personal decision and not part of this analysis