NZDCHF reversed from 1st resistance of 0.64060 , in line with descending trendline, 78.6% Fibonacci retracement and 100% Fibonacci extension. Prices are expected to fall to 1st support of 0.63269, in line with 78.6% retracement and 61.8% extension. Alternatively, price may rally to 2nd resistance of 0.64380, in line with 127.20% Fibonacci extension. Indicator showing bearish bias.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
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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.