NZD/CHF broke key support level 0.6720

NZD/CHF broke key support level 0.6720

  • NZD/CHF broke key support level 0.6720
  • Next sell target - 0.6600

NZD/CHF recently broke through the key support level 0.6720 (which stopped the sharp downtrend in November of 2017, as can be seen below). The breakout of this support level accelerated the active minor impulse wave 3 – which belongs to the (C)-wave from the middle of April. NZD/CHF is expected to fall further toward the next sell target at the next support level 0.6600 (forecast price for the completion of wave 3).

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