Will the CHF bounce back down from the resistance?
Today, the CHF has risen up to the strong resistance level. A bounce back is a very probable scenario.
NZD/CAD on the rise
Information is not investment advice
On the H4 chart of NZD/CAD, the NZD is on the rise against the CAD, testing the resistance formed by the 6-weeks high of 0.8488. If it is broken, the next levels on the movement up will be the range of 0.8513-0.8519 and 0.8551. For the market reversion, several layers of support may be placed: 0.8424, 0.8391, 0.8280-0.8272 and 0.8247.
Gaspar Markosyan
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Will the CHF bounce back down from the resistance?
Today, the CHF has risen up to the strong resistance level. A bounce back is a very probable scenario.
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