Major Support: 0.7160 (Sep 9th 2017 low)
Major intraday resistance – 0.7230 (200- H MA)
NZD/CHF has once again slightly recovered after making a low of 0.7170. It is currently trading around 0.72030.
On the higher side, major intraday resistance is around 0.7230 (200- H MA) and any break above will take the pair till 0.72514 (61.8%T retracement of 0.73014 and 0.7170)/0.7300 (Feb 23rd 107 high).
The major support is around 0.7160 and any break below will drag the pair till 0.7124 (61.8% retracement of 0.7000 and 0.73240)/0.7060 (Jan 10th 20176 low).
It is good to sell on rallies around 0.7230 with SL around 0.728 for the TP of 0.716/0.7125
Major intraday resistance – 0.7230 (200- H MA)
NZD/CHF has once again slightly recovered after making a low of 0.7170. It is currently trading around 0.72030.
On the higher side, major intraday resistance is around 0.7230 (200- H MA) and any break above will take the pair till 0.72514 (61.8%T retracement of 0.73014 and 0.7170)/0.7300 (Feb 23rd 107 high).
The major support is around 0.7160 and any break below will drag the pair till 0.7124 (61.8% retracement of 0.7000 and 0.73240)/0.7060 (Jan 10th 20176 low).
It is good to sell on rallies around 0.7230 with SL around 0.728 for the TP of 0.716/0.7125
