FxWirePro: NZD/CHF holds 21-EMA support. break below will see weakness till 0.68

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.