NZDCHF / H1 / Daily Forex Technical Analysis / 6.19.2019
Hello Traders, welcome to the Daily Forex technical analysis. Today is June 19th, 2019 and we will be taking a look at the New Zealand Dollar against the Swiss Frank. Looking at the 1 hour time frame price action had a minor pullback back of the current structure into its previous area of support around the .650 area, if the conditions are optimal we will be looking for an entry Long. Entry for a Long position near the .65087 area, with a Stop Loss near the area of .64796, and a target level area of .65868 to possibly ensure a profitable trade with a 2.68 to 1 R/R.
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