NZD/CHF Technical Analysis & Signals

forex technical analysis

NZDCHF Technical Analysis: Weekly Chart

NZDCHF Technical Analysis

In the weekly charts, NZDCHF is trading in a down channel.

It is trading below 50 days SMA & above 20 and 100 days SMA.

The immediate support is 0.6291 & the resistance level is at 0.6402.

NZDCHF is trading in the down-channel until there is a trend reversal.

NZDCHF Technical Analysis: Daily Chart

NZDCHF Technical Analysis

In the daily charts, NZDCHF is trading in an up channel.

It is trading above all SMA.

The immediate support is 0.6316 & the resistance level is 0.6360.

NZDCHF is trading in the up channel until there is a trend reversal.  

How to Trade NZDCHF this Week:

NZDCHF will follow the uptrend until their trend reversal. So, remain bullish on NZDCHF.

TRADE SUGGESTION- BUY AT 0.6350, TAKE PROFIT AT 0.6360 AND STOP LOSS AT 0.6316

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