NZD/CHF broke resistance zone

NZD/CHF broke resistance zone

2019-11-11 • Updated

  • NZD/CHF broke resistance zone
  • Next buy target - 0.6950

NZD/CHF has been rising steadily in the last few trading sessions inside the minor corrective wave (ii) – which previously broke through the resistance zone lying between the resistance levels 0.6850 and 0.6820 (previous buy target). The breakout of this resistance zone accelerated the active minor corrective wave (ii) from the end of November. NZD/CHF is expected to rise to the next buy target at the next resistance level 0.6950 (which reversed the previous wave (b)).

Similar

USD/CHF: approaching the bottom?
USD/CHF: approaching the bottom?

The US Dollar has been losing value against the Swiss franc for more than a month now. Let's examine where it might be going.

Latest news

WTT: Currency Pairs To Trade In April
WTT: Currency Pairs To Trade In April

Hello again my friends, it’s time for another episode of “What to Trade,” this time, for the month of April. As usual, I present to you some of my most anticipated trade ideas for the month of April, according to my technical analysis style. I therefore encourage you to do your due diligence, as always, and manage your risks appropriately.

Deposit with your local payment systems

Data collection notice

FBS maintains a record of your data to run this website. By pressing the “Accept” button, you agree to our Privacy policy.

Callback

A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Next callback request for this phone number
will be available in

If you have an urgent issue please contact us via
Live chat

Internal error. Please try again later

Don’t waste your time – keep track of how NFP affects the US dollar and profit!

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera