the chart is showing that the pair has closed it's daily candle under the level of 0.7120 , and that's mean that the down trend is still standing and the pair might reach the level of 0.7050 after this pair can break level 0.7080. good luck
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the chart is showing that the pair has closed it's daily candle under the level of 0.7120 , and that's mean that the down trend is still standing and the pair might reach the level of 0.7050 after this pair can break level 0.7080. good luck
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the pair now at strong resistance at line of moving average 50 spa at 0.7113 if the candle of 4 hours passe this level and close above him the pair to upward to 0.7118 and to 0.7146 moving average 200 spa .![]()
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as we can see the weekly chart is down trend and any close under the support at 0.7050 is a sign for more falling
keep it simple
we can notice on the chart , the pair is trading under the level of 0.7450 , so any way if the pair succeeded in breaking 0.7450 , the pair will continue in it's up movements heading to 0.7490 on continous movements base , good luck .
the pair is now t trying to go up but it needs first to close above 0.7490 then we will see it going up to 0.7520 then 0.7560 and at last 0.7590 but if not and if the pair closed under 0.7455 then it might head down to 0.7430 then 0.74 good luck for all and trade with your risk.
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the nzd/chf pair is for sell and i think it is going to end the bullish trend soon and every correction is a chance for selling only so i suggest selling the pair from 0.7610 and stop loss is closing above 0.7625 and targets are ..0.7575 ..0.7535 and at last 0.7500 good luck for all and trade with your risk..
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The nzd going strong than chf today from daily open 0.7580.
Analysis for today trade :
Current price in sideway and near buy area.
buy at 0.7600 SL : 20 pips TF : 20 pips.
sell at 0.7560 SL : 20 pips TF : 20 pips.
Put order from the buy or sell area/zone.
Spoiler: