Nzdchf!
New Zealand moves to its highest level this year (SIDEWAYS)FX:NZDCHF
An increase in the benchmark interest rate of New Zealand by 1% was able to make the New Zealand currency crawl up. Moreover, with the improvement in the business index and a reduced trade deficit, New Zealand's currency strengthened to its highest level this year.
However, it should also be noted that Switzerland is also a country whose economy is quite stable, even though it has a negative benchmark interest rate (-0.75%). This can cause the movement of the New Zealand currency against the Swiss currency to move sideways.
The possibility of this currency pair could move in the area of 0.63 - 0.65.
NZDCHF This is what I see. I think its a great short opportunityThis is my view for NZDCHF, I think it will be hard for bulls to break current level, For Me, it will be a good short position with a STOPLOSS AT 0.65600 and a target at 0.59666 and TP2 at 0.57666.
What do you think? share your view in comments.
DYOR. NFA.
NZD-CHF Will Fall! Sell!
Hello,Traders!
NZD-CHF broke out of the rising channel
And is now retesting the broken support line
Which has turned into a resistance
So I think that after the retest is complete
We will see a move down
To retest a horizontal support below
Sell!
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NZDCHF: BearishHello Traders, here is the full analysis for this pair , I suggest you keep this pair on your watch-list and see if the rules of your strategy are satisfied.
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✅NZD_CHF WILL GO DOWN|SHORT🔥
✅NZD_CHF was trading in an uptrend
In a rising narrowing wedge pattern
But now we are seeing a bearish breakout
And I think that after a pullback and a retest
Of the wedge the pair will fall down
To retest the demand level below
SHORT🔥
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NZDCHF | LONG BIASNZDCHF has given a breakout from the strong level of 0.64600 and price is retesting the breakout level. Bulls hold a strong hand currently on the charts and we may see the surge in the price action again.
Breaking below the levels will be all over for bulls and bears will take lead.
Trade your levels accordingly.
NZD-CHF Local Long! Buy!
Hello,Traders!
NZD-CHF i s trading in an uptrend
In a rising parallel channel
Which makes me locally bullish
And the pair has retested the rising support
From where we are already seeing a bullish rebound
So I think that the price will keep growing
Towards the rising resistance above
Buy!
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✅NZD_CHF WILL GO UP|LONG🚀
✅NZD_CHF is trading an uptrend
Along the rising support line
Which makes me bullish biased
And the pair is already making
A bullish rebound from the support
So a further move up is expected
With the target of retesting the level above
LONG🚀
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NZDCHF | CONSOLIDATION BREAKOUTNZDCHF has been trading in a bullish parallel channel and the recent price is consolidating in a box as highlighed on the chart. We are expecting a breakout above the horizontal level.
Alternatively, if price breaks below then bears will be active and push the price to bottom of the parallel channel.