๐๐ก๐๐๐๐ - 4๐ฉ๐ณ๐ด ( ๐๐ถ๐บ ๐๐ณ๐ข๐ฅ๐ฆ 4.10% )
๐Name : NZD/CHF
๐จTime Frame : 4hrs Chart
(๐๏ธLong Order )
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๐งพ : WHY IS NZDCHF GOING UP?
If New Zealand's economy is performing well, with strong economic growth, low unemployment and a healthy export sector, investors can have confidence in the NZD. This could increase demand for the New Zealand dollar and lead to an increase in the NZDCHF rate. If the Reserve Bank of New Zealand raises interest rates while the Swiss National Bank keeps them unchanged or lowers them, it could make New Zealand's currency more attractive to investors. This could lead to a strengthening of the NZD against the CHF.
โโโโโโโโโโ
โBullish Break
0.512100 - 0.50800 Area
Reasons
Major Turn level / M
Visible Range Lvn Area
Liquidity Area
M / W Low
PVP
โBearish Reversal
0.54505 - 0.56700 Area
Reasons
Major Turn level / D
Visible Range Lvn
Trend Line
M / W High
Bearish Reversal
โโโโโโโโโโ
๐จTime Frame : 4hrs Chart
(๐๏ธLong Order )
------
๐งพ : WHY IS NZDCHF GOING UP?
If New Zealand's economy is performing well, with strong economic growth, low unemployment and a healthy export sector, investors can have confidence in the NZD. This could increase demand for the New Zealand dollar and lead to an increase in the NZDCHF rate. If the Reserve Bank of New Zealand raises interest rates while the Swiss National Bank keeps them unchanged or lowers them, it could make New Zealand's currency more attractive to investors. This could lead to a strengthening of the NZD against the CHF.
โโโโโโโโโโ
โBullish Break
0.512100 - 0.50800 Area
Reasons
Major Turn level / M
Visible Range Lvn Area
Liquidity Area
M / W Low
PVP
โBearish Reversal
0.54505 - 0.56700 Area
Reasons
Major Turn level / D
Visible Range Lvn
Trend Line
M / W High
Bearish Reversal
โโโโโโโโโโ
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.