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NZD/CHF chart - Trading View
- NZD/CHF has edged higher from session lows at 0.6842 and is currently trading at 0.6867 at 0645 GMT.
- The pair is retracing from 3-month highs at 0.6922 hit on March 12th.
- Price has paused downside at 21-EMA at 0.6845, break below will see further downside.
- Technical studies on daily charts are neutral to slightly bearish. Stochs have rolled over from overbought.
- Break below 21-EMA will see dip till 55-EMA 0.6803. Further downside only on break below.
- Major trend is bullish. Retrace above 5-DMA at 0.6882 will see test of trendline resistance at 0.6920.
- Breakout at 0.6920 required for upside continuation.
For details on FxWirePro's Currency Strength Index, visit http://www.fxwirepro.com/currencyindex.
