NZDCHF facing bullish pressure | 29 Mar 2021
Prices are facing pressure from 1st support which is in line with 78.6% and horizontal swing low support. Prices might push higher towards 1st resistance which is in line with 161.8% and 50% and horizontal swing high resistance. If prices fall through 1st support, prices might take support on 2nd support which is in line with 50% and 127.2% . Stochastics is also showing that it is approaching 4.09 level support, potentially experiencing a bounce, in line with our analysis.