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NZD/CHF reversed from resistance zone

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  • NZD/CHF reversed from resistance zone
  • Next sell target - 0.7030 

 NZD/CHF recently reversed down from the resistance zone lying between the powerful, multi-month resistance level 0.7090 (which stopped the previous sharp A-wave in January) and the upper daily Bollinger Band.  The downward reversal from this resistance zone stopped the previous minor impulse wave C. NZD/CHF is expected to fall toward the next sell target at the next support level 0.7030  (former resistance from the start of April).

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