Nzd/Chf
Resistance level
1.Resistance level 0.6695
2.Resistance level 0.6489
3.Resistance level 0.6362
Supporting level
1.Supporting level 0.6280
2.Supporting level 0.6166
3.Supporting level 0.5930
Thread: Nzd/chf
Nzd/Chf
Resistance level
1.Resistance level 0.6695
2.Resistance level 0.6489
3.Resistance level 0.6362
Supporting level
1.Supporting level 0.6280
2.Supporting level 0.6166
3.Supporting level 0.5930
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is incorporating a potential reversal at this moment. Wait for a retest at the first level of resistance to receive the best potential entry.
An ABC Zigzag to hit the daily fibonacci fan trend line.
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The daily chart shows that the 20 SMA crosses the 55 SMA, a bullish signal. The positive tone around the euro will remain intact as it holds above 1.1340, the 200-day SMA meeting and horizontal resistance. Below that level, correction can increase, but must find support above 1.1300
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Nzd/Chf
The New Zealand dollar rallied after Stats NZ reported that retail sales increased by 1.6% in the third-quarter, beating analyst expectations of 0.5%. The more important core retail sales measure which excludes car purchases, increased by 1.8%, exceeding market expectations of 0.6%.
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The daily chart shows that the 20 SMA crosses the 55 SMA, a bullish signal. The positive tone around the euro will remain intact as it holds above 1.1340, the 200-day SMA meeting and horizontal resistance. Below that level, correction can increase, but must find support above 1.1300
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
The daily chart shows that the 20 SMA crosses the 55 SMA, a bullish signal. The positive tone around the euro will remain intact as it holds above 1.1340, the 200-day SMA meeting and horizontal resistance. Below that level, correction can increase, but must find support above 1.1300
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
The daily chart shows that the 20 SMA crosses the 55 SMA, a bullish signal. The positive tone around the euro will remain intact as it holds above 1.1340, the 200-day SMA meeting and horizontal resistance. Below that level, correction can increase, but must find support above 1.1300
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
NZDCHF
Today Market Trend is buy
Resistance 0.65632
Resistance 0.64039
Resistance 0.63455
Supporting 0.62677
Supporting 0.62095
Supporting 0.61479
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NZDCHF
Today Market Trend is buy
Resistance 0.65632
Resistance 0.64039
Resistance 0.63455
Supporting 0.62677
Supporting 0.62095
Supporting 0.61479
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
nzdcad have been performing and i think that there will be a bearish trend to switch and the swiftest will move on the same direction that current prices are approaching the first resistance at 0.6572 price do sell with minimal risk because it is still in a down trend
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