NZD/CHF broke key support level 0.6970

Read the article on FBS website
  • NZD/CHF broke key support level 0.6970
  • Next sell target - 0.6750

NZD/CHF continues to fall after the earlier breakout of the key support level 0.6970, which reversed the previous waves (a), B and 1, as can be seen from the daily NZD/CHF chart below. The breakout of this support level should accelerate the active minor impulse wave 3 – which belongs to the intermediate wave (C) from the end of July. NZD/CHF is expected to fall to next sell target at the next support level 0.6750 (low of the previous wave (A) from May).

Share with friends:

Similar

Latest news

Instant opening

FBS maintains a record of your data to run this website. By pressing the “Accept” button, you agree to our Privacy policy.