EUR/USD: bullish 'Engulfing'
The price faced with resistance by the 89 MA. In this case, we should watch the lower 'Window' as...
NZD/CHF reversed from resistance zone
- NZD/CHF reversed from resistance zone
- Next sell target - 0.7030
NZD/CHF recently reversed down from the resistance zone lying between the powerful, multi-month resistance level 0.7090 (which stopped the previous sharp A-wave in January) and the upper daily Bollinger Band. The downward reversal from this resistance zone stopped the previous minor impulse wave C. NZD/CHF is expected to fall toward the next sell target at the next support level 0.7030 (former resistance from the start of April).
Dmitry Chernovolov
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