0
0
April 14, 2021 at 04:02PM
• NZDCHF reversed from support zone
• Likely to rise to resistance level 0.6625
NZDCHF recently reversed up from the support zone set between the key support level 0.6500 (former resistance from February), lower daily Bollinger Band and the 50% Fibonacci correction of the previous upward impulse from December.
The upward reversal from this support zone stopped the earlier downward impulse wave (c).
NZDCHF is likely to rise further toward the next resistance level 0.6625 (top of the previous minor corrective wave (b) from the start of this month).
From: The FxPro Tech Analysis Team https://fxpro.news/market-snapshots/nzdchf-wave-analysis-14-april-2021-20210414/
Selected by fonecable.com
Search Web: NZDCHF Wave Analysis 14 April, 2021
Recent Posts
- Crude Oil Over Crypto
- US Dollar Price Action Setups pre-CPI: EUR/USD, GBP/USD, USD/JPY
- Cathie Wood & Ark: Insiders Aren’t Buying the Hype
- Breaking News: ECB Holds Rates, Setting up July and September for Fireworks
- Currency Carry Trade: What is it and how does it work?
Happy
0 %
Sad
0 %
Excited
0 %
Sleepy
0 %
Angry
0 %
Surprise
0 %
