Tickmill

NZDCHF Bullish Sequence

Long
FX:NZDCHF   New Zealand Dollar/Swiss Franc
NZDCHF made an impulsive break from its corrective channel, the recent pullback to retest broken trend channel resistance as support, this area coincided with the equality objective at 6419, with the 50% retracement just below at 6408. Bullish exposure should be rewarded on a break of the monthly pivot at 6475 targeting the next upside equality objective at 6745

This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results
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