NZD/CHF sold off from 0.7500 to 0.6380 in a matter of weeks. That was followed by a rally of almost 800 pips just as fast. By a comparison, during the last three weeks, the price range has been about 200 pips � a non-event.
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NZD/CHF sold off from 0.7500 to 0.6380 in a matter of weeks. That was followed by a rally of almost 800 pips just as fast. By a comparison, during the last three weeks, the price range has been about 200 pips � a non-event.
NZD/CHF market technical analysis
market trend is going bullish
market price = 0.6754
Resistance levels
the market could break the first resistance at =0.6767
the market could break the second resistance level at =0.6779
the market could break the third resistance level at =0.6790
Support levels
the market could break the first support levels at =0.6739
the market could break the second support level at =0.6727
the market could break the third support level at =0.6717
Technical analysis of the NZD/CHF
According to H4 time Frame,
Today Market Trend seems to be : BULLISH
Today Resistance level is:
1> Resistance level is: 0.6766
2> Resistance level is: 0.6774
3> Resistance level is: 0.6783
Today supporting level is:
1> Supporting level is : 0.6742
2> Supporting level is : 0.6731
3> Supporting level is : 0.6723
NZD/CHF form a structural wave but tend to down.This forming can we seeing in chart tf m15. Price limited by 2 hills pattern of zig-zag that affect for price to going up. medium term trend still showing sideways so price expected will can not rise or down far from current price.
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.
as we can see on the chart , the pair is trading under the level of 0.6600 , any way if the pair succeeded in breaking 0.6600 , it will continue in it's up movements heading to 0.6640 and then 0.6680
technical analysis of Nzd/Chf is sell
1.Resistance level is : 0.6751
2.Resistance level is :0.6765
3.Resistance level is : 0.6776
1.Supporting level is : 0.6724
2.Supporting level is : 0.6713
3.Supporting level is :0.6701
nzd/chf.
Today bullish trend.
1. Resistance level is. 0.6726
2. Resistance level is. 0.6745
3. Resistance level is. 0.6765
1. Supporting level is. 0.6688
2. Supporting level is. 0.6668
3. Supporting level is. 0.6652
today's technical analysis of Nzd/Chf is sell
1. Resistance Level:0.6753
2. Resistance Level:0.6764
3. Resistance Level: 0.6775
1. Supporting Level: 0.6722
2. Supporting Level: 0.6711
3. Supporting Level: 0.6701
tahnk u brothers...
kindly tell which currency next week may be up for best option....
reply appreciated