Key Resistance Levels: 0.6534, 0.6652, 0.6720
Key Support Levels: 0.6428, 0.6357, 0.6309
NZD/CHF Price Long-Term: Bullish
Looking at the daily chart, the price is in a clear upward movement by posting higher highs and lows. Currently, the pair is trading above the daily resistance @ 0.6428 which could lead to a move upward in the coming days.
NZD/CHF Medium-Term Trend: Bullish
On the 4-hour time frame, the pair found buyers at the 50% Fibonacci retracement, and currently posted a big engulfing bullish candlestick on the 1-hour time frame signaling a potential pump toward the 0.6534 level.
Buy Order @ 0.6449
TP 1 @ 0.6534
TP 2 @ 0.6652
Stop Loss @ 0.6407
Trade Safely 🙂