he chart is showing that the pair has succeeded in closing it's daily candle above level 0.6400 , and that's mean the up trend is still standing and the pair might head to 0.6500 and then 0.6550
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he chart is showing that the pair has succeeded in closing it's daily candle above level 0.6400 , and that's mean the up trend is still standing and the pair might head to 0.6500 and then 0.6550
The Kiwi-Franc pair has traded in a tight range over the past few weeks, as both the New Zealand Dollar and the Swiss Franc have been particularly resilient in the face of global panic. Both currencies have appreciated for varying reasons
the pair trading in the middle of a slight descending channel that it has carved out since late March, there is an opportunity to trade the pair back towards its Range Bottom, provided that the Reserve Bank of New Zealand holds a dovish tone after today’s rate decision.
the Franc has appreciated sharply across the other majors as investors have sought safe haven amid the crumbling of the world’s two economic pillars, the Euro-zone and the United States.
The Kiwi-Franc pair has traded in a tight range over the past few weeks, as both the New Zealand Dollar and the Swiss Franc have been particularly resilient in the face of global panic. Both currencies have appreciated for varying reasons
the pair trading in the middle of a slight descending channel that it has carved out since late March, there is an opportunity to trade the pair back towards its Range Bottom, provided that the Reserve Bank of New Zealand holds a dovish tone after today’s rate decision.
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
the pair has stated it's trading week above the level of 0.6500 and that's mean that the up trend is expected this week and the pair might head to 0.6600 and then 0.6650 ,
the Franc has appreciated sharply across the other majors as investors have sought safe haven amid the crumbling of the world’s two economic pillars, the Euro-zone and the United States.
the pair and as we can see from the chart is trading now above the level of 0.6500 , so if the pair succeeded in breaking 0.6500 , that's mean the down trend will be assured and the pair might head to 0.6470 and then 0.6440