. NZDCHF TECHNICAL ANALYSIS, FORECAST AND TRADING SIGNALS -CSFX

NZDCHF TECHNICAL ANALYSIS, FORECAST AND TRADING SIGNALS

17 Jun 2022

NZDCHF Technical Analysis: Weekly Chart

NZDCHF Technical Analysis

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

RSI is in over sold zone which indicates mild bullishness. MACD is currently below zero which indicates bearishness.

Its immediate support is 0.6072 & the resistance level is at 0.6114.

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

NZDCHF Technical Analysis: Daily Chart

NZDCHF Technical Analysis

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

RSI is in over sold zone which indicates mild bullishness. MACD is currently below zero which indicates bearishness.

Its immediate support is 0.6072 & the resistance level is at 0.6117.

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

How to Trade NZDCHF this Week:

NZDCHF will follow the downtrend until their trend reversal. So, remain bearish on NZDCHF.

TRADE SUGGESTION- SELL AT 0.6087, TAKE PROFIT AT 0.6072 AND STOP LOSS AT 0.6117