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NZD/CHF reversed from support zone

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  • NZD/CHF reversed from support zone
  • Next buy target - 0.6750

 NZD/CHF recently reversed up from the support zone lying between the key long-term support level 0.6700 (which has been reversing the price from May of 2017, as can be seen from the weekly NZD/CHF chart below) and the lower weekly Bollinger Band. Given the oversold weekly Stochastic, NZD/CHF is expected to rise further toward the next buy target at the next resistance level 0.6750 (former support from March).

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