NZD/CHF broke resistance zone

NZD/CHF broke resistance zone

  • NZD/CHF broke resistance zone
  • Next buy target - 0.7090

NZD/CHF recently broke through the resistance zone lying between the key resistance level 0.6950 (monthly high from March) and the 61.8% Fibonacci correction of the downward impulse from January. The breakout of this resistance zone accelerated the active waves (c) and 2. NZD/CHF is expected to rise toward the next buy target at next resistance level 0.7090 (top of wave (2) from January).

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