NZD/CHF | New Zealand Dollar to Swiss Franc Trading Analysis

NZD/CHF,D1


NZD/CHF,D1


Pivot: 0.6504


Analysis:

While the price is above 0.6306, follow the recommendations below:

  • Time frame: D1
  • Recommendation: long position
  • Entry point: 0.6504
  • Take Profit 1: 0.6636
  • Take Profit 2: 0.6718


Alternative scenario:

If the level 0.6306 is broken-down, follow the recommendations below:

  • Time frame: D1
  • Recommendation: short position
  • Entry point: 0.6306
  • Take profit 1: 0.6169
  • Take Profit 2: 0.6087


Comment:

RSI shows the possibility of an uptrend in the medium term.


Key levels:

Resistance ---- Support

0.6801 --------- 0.6306

0.6718 --------- 0.6169

0.6636 --------- 0.6087

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