Google is going up. When are we to expect full recovery? This short technical analysis will give you some clues where to look at.
NZD/CHF reversed from key support zone
- NZD/CHF reversed from key support zone
- Next buy target - 0.7060
NZD/CHF has been rising from the start of this week – following the earlier sharp upward reversal from the key support zone lying between the support level 0.6800 (former powerful resistance level from the end of 2015 and the start of 2016, as can be seen below), lower weekly Bollinger Band and the 38.2% Fibonacci correction of the pervious weekly upward ABC correction Ⓑ from the middle of May.
NZD/CHF is expected to rise to the next buy target at the next resistance level 0.7060 (top of the previous intermediate wave (2) from April).
While biotech companies are struggling to find the vaccine, investors make bets who’ll win this race.
There are many things happening in the UK. What is the strategic outlook for the GBP?
The Australian dollar set a strong upward trend over a month. Will AUD loose its gains soon?