The daily opening of the NZDCHF was today below the substantial pivot point that located at 0.661 which signalize a mighit of seen a downward for the main index on the day. The crossover verifies the direction and for the current time the fast MA20 steps below the 48MA which move slower to carry out a shape of bearish main direction for the pair. another sign to be mention appears by getting the current market rates above the index of the trend magic indicator to growing the scope of the upward way on the few coming hours . with this analysis help its prove that the price is at downward pattern and shouldn�t break the resistance area near 0.6685 and the targets could be located near the area of 0.6485 as well as 0.6406 for short term sell positions entries


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