The price still moving between pivot 0.7810 and Resistance 0.7870. But i expect price may hit resistance because the trend is still bullish now and to reverse into bearish then the price need to breakdown pivot.
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The price still moving between pivot 0.7810 and Resistance 0.7870. But i expect price may hit resistance because the trend is still bullish now and to reverse into bearish then the price need to breakdown pivot.
buy nzd/chf at the level 0.8500 with targets at 0.8570 and 0.8600, but in case of breaking the level 0.8475, then sell below this level with targets at 0.8435 and 0.8400
---------- Post added at 06:14 PM ---------- Previous post was at 06:11 PM ----------
sorry this for nzd/cad
We have a strong resistance on 0.7862 and the price was retraced, so i think price will be continue retrace next week and it may touch fibonacci 61.8% @0.7708. But, if price rebounce from fibonacci 38.2% @0.7767 then bullish will come back again.
sell nzd/chf at the level 0.7815 with targets at 0.7740 and 0.7670, but in case of breaking the level 0.7860, then buy above this level with targets at 0.7915 and 0.7977
in the h1 time frame this pair is break the supporting trend line. and the price is also rejected form the resistance at 0.7850. it is now making some doji pattern it will be a signal for up movement but we long this pair with breaking resistance 0.7800
Nzd/chf analysis for 02.18.2013 by using : pivot indicator.
r3:0.7929
r2:0.7896
r1:0.7840
pivot:0.7807
s1:0.7751
s2:0.7718
s3:0.7662
this pair is moving with very less momentum of candles. it is try to move the resistance side at 0.7860 but it is also going to over bought. at the lower side it is having a support at 0.7773. we can short if this support is break with the target 0.7720
IS pair m ma trade ki thi but muje is pair ma loos he huwa ha is ki market ki move ment ka pata nahi chlata ha
is pair ki market ko ma abi study kar raha ho