NZDCHF Technical Analysis: Weekly Chart

In the weekly charts, NZDCHF is trading in down channel. NZDCHF is currently trading below all SMA.

RSI is in selling zone which indicates bearishness. MACD is currently below zero which indicates bearishness.

Its immediate support is 0.5956 & the resistance level is at 0.6168.

NZDCHF will trade in down channel until there is trend reversal

NZDCHF Technical Analysis: Daily Chart

In the daily charts, NZDCHF is trading in an up channel. NZDCHF is currently trading above 20 and 50 days SMA & below 100 days SMA.

RSI is in buying zone which indicates bullishness. MACD is currently above zero which indicates bullishness.

Its immediate support is 0.6037 & the resistance level is at 0.6095

NZDCHF will trade in up channel until there is 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 0.6062, TAKE PROFIT AT 0.6095 AND STOP LOSS AT 0.6037