NZDCHF - Positive Divergence - 1st Target 0.63210

FX:NZDCHF   New Zealand Dollar/Swiss Franc
There is a formation of positive divergence pattern, which is drawn by joining lower lows in price chart and higher lows of RSI Indicator. This pattern indicates that there is a steady presence of buyers around this level and an entry around this level will yield good profits. Therefore, a trade can be placed with a stop loss of 0.61590 with 0.63210 as a first target and 0.64241 as a second target.
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