NZDCHF GOING TO 0.73000
If you look carefully on the chart we can see some interesting fact:
Market move in upward channel
Past resistant became support precisely
Market hit extension 1.272 and retrace
Market hit extension 1.618 and retrace
I can take conclusion that next target is key level on FIBO which is coincident with even number and also an important level on the chart.
If you not already in this trade then find the best entry , wait for some pullback on 1 HR then take long with stop loss below the channel.
Market move in upward channel
Past resistant became support precisely
Market hit extension 1.272 and retrace
Market hit extension 1.618 and retrace
I can take conclusion that next target is key level on FIBO which is coincident with even number and also an important level on the chart.
If you not already in this trade then find the best entry , wait for some pullback on 1 HR then take long with stop loss below the channel.
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.