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The New Zealand dollar � Swiss franc combine has finished seven persistent long periods of value drops! This is in no way, shape or form a minor factual occasion and essentially expands the odds for a pattern inversion and a move to conversion scale increments.
This pair has bullish trend so if some one has buy then he had got a great profit,now it is at 0.8030 and it will again movie upward for a while,but after touching its high point,it will move downward so the bid about sell will be in favor of traders at this time.
today i place a pending sell order @ 0.7857
my stop loss of the day @ 0.7891
take profit of the day @ 0.7817
the pair and as we can see from the chart is trading under level 0.7100 , so , that's mean the down trend is still standing and the pair might head to 0.7035 and then 0.7000 how ever the pair made any hourly correction
Prices seems still depressed by the bearish trend. Proved earlier when prices are moving up to touch the weekly pivot level (0.7661) prices fell sharply until now. This condition can make price fell down under monthy support 1 level (0.7632) for next movement.
NZD/CHF restrained in daily
ressistance 3 level (0.7610).
Stochastic signal in tf h4 shown
at overbought area. This can
indicates that price will retrace
down before up again next time.
Indicator hma 860 as long term
trend indicator also shown
consolidation up.
NZD/CHF success break up daily ressistance 1 level (0.7678) and now is going to next ressistance level. Indicator hma 32 also shown cross up hma 192 that indicates price will rise again but limited because there is signal from stochastic that shown in overbought area at time frime d1, h1, and m30.
downtrend will continue back after it come to the trendline.....just watch for a revesal candlestik to enter the move again and the projection will be underneath the help line inside 6600 territory
The exchanging rage for now is among the significant help @ 0.6840 and the key of obstruction @ 0.70 .
The general over transient premise is to the upside focusing on 0.70 to the extent region of 0.7090
my dear sir today of Nzd/Chf sell to bearish technical analysis is trend
1. Resistance Level:0.6671
2. Resistance Level:0.6689
3. Resistance Level: 0.6704
1. Supporting Level: 0.6632
2. Supporting Level: 0.6614
3. Supporting Level: 0.6596