NZD/CHF reversed from major support level 0.6730

NZD/CHF reversed from major support level 0.6730

  • NZD/CHF reversed from major support level 0.6730
  • Next buy target - 0.6820

NZD/CHF today reversed up sharply from the major support level 0.6730 (which stopped the previous sharp impulse wave A with the daily Morning Star in May, as can be seen below). The support zone near the support level 0.6730 was strengthened by the lower daily Bollinger Band. NZD/CHF is expected to rise to the next buy target at the next resistance level 0.6820 (which reversed the price strongly at the end of November).

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