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We must break below 0.7175 and this is my favourite scenarios and In order to invalidate the bear pressure pair has to break 0.7342 and then 0.7510 for bulls to gain control and momentum and push the pair high We will see In coming how price action unfolds and what we might get
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Today technical analysis of Nzd/chf
Moving Average:sell
Parabolic SAR:sell
Resistance and supporting level is:
Current Price is :0.6833
Resistance level first: 0.6848
Resistance level 2nd : 0.6859
Resistance level 3rd: 0.6871
Supporting level first: 0.6821
Supporting level 2nd: 0.6810
Supporting level 3rd:0.6798
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nzd/chf Technical analysis:
Level of Support
1-Support 0.6912
2-Support 0.6905
3-Support 0.6929
Level of Resistance
1-Resistance 0.6827
2-Resistance 0.6836
3-Resistance 0.6843
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the pair and as we can see from the chart has closed it's daily candle under the level of 0.7200 , so , that's mean the down trend is still standing and the pair is heading to 0.7130 then 0.7100
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Nzd/Chf
Current price:0.6837
pivot point :0.6833
Moving average:sell
volume Oscillator:sell
Resistance level of this pair is:
1# Resistance is: 0.6847
2# Resistance is: 0.6860
3# Resistance is: 0.6871
Supporting level of this pair is :
1# Supporting is: 0.6822
2# Supporting is: 0.6811
3# Supporting is: 0.6801
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Analysis Support and Resistance
Support 1:0.6796
Support 2:0.6770
Support 3:0.6730
Resistance 1:0.6862
Resistance 2:0.6902
Resistance 3:0.6928
Note Must Read
Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.
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Nzd/Chf
Current price:0.6837
pivot point :0.6833
Moving average:sell
volume Oscillator:sell
Resistance level of this pair is:
1# Resistance is: 0.6847
2# Resistance is: 0.6860
3# Resistance is: 0.6871
Supporting level of this pair is :
1# Supporting is: 0.6822
2# Supporting is: 0.6811
3# Supporting is: 0.6801
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Nzd/Chf today Technical analysis is bullish
Resistance and Supporting levels is :
Resistance level is
1> Resistance level is:0.6511
2> Resistance level is: 0.6538
3> Resistance level is: 0.6579
Supporting level is
1> Supporting level is: 0.6541
2> Supporting level is: 0.6501
3> Supporting level is: 0.6473
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Currency pair is : Nzd/Chf
Current price:0.6844
pivot point :0.6837
Moving average:buy
volume Oscillator:buy
Resistance level of this pair is:
1# Resistance is: 0.6855
2# Resistance is: 0.6869
3# Resistance is: 0.6880
Supporting level of this pair is :
1# Supporting is: 0.6830
2# Supporting is: 0.6815
3# Supporting is: 0.6802