NZDCHF is facing bullish pressure, potential for further upside!
New Zealand Dollar/Swiss Franc FX:NZDCHF
NZDCHF is facing bullish pressure from ascending trend line support. Prices might bounce off 1st support which is in line with 61.8% Fibonacci retracement and 50% Fibonacci extension . Prices might push towards 1st resistance which is a horizontal swing high resistance which coincides with 61.8% Fibonacci extension . If prices fall through, it might reach 2nd support which is tagged to a horizontal swing low support which coincides with 100% Fibonacci extension . Stochastics is also approaching support level of 2.19 before a bounce could be seen.