NZDCHF Reversed Off Resistance, Prepare For Further Drop
NZDCHF reversed off its resistance where we expect to see a further drop.
NZDCHF reversed off its resistance at 0.69194 (61.8% Fibonacci extension , 61.8% & 76.4% Fibonacci retracement, horizontal swing high resistance) where it is expected to drop further to its support at 0.6651 (61.8% Fibonacci retracement, 61.8% Fibonacci extension, horizontal overlap support).
Stochastic (34, 5, 3) reversed off its resistance where a corresponding drop is expected.
Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks
NZDCHF reversed off its resistance at 0.69194 (61.8% Fibonacci extension , 61.8% & 76.4% Fibonacci retracement, horizontal swing high resistance) where it is expected to drop further to its support at 0.6651 (61.8% Fibonacci retracement, 61.8% Fibonacci extension, horizontal overlap support).
Stochastic (34, 5, 3) reversed off its resistance where a corresponding drop is expected.
Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks