Technical outlook and ideas for Forex pairs
We have outlooked several promising Forex pairs and the result can surprise you!
NZD/CHF is in a downtrend
Information is not investment advice
NZD/CHF is trading within a downtrend on D1. The currency pair went below 78.6% at 0.6450 and is likely to test levels around 0.6390/70. Bears will dominate as long as the pair’s trading below 0.6510 (January low).
The Reserve Bank of New Zealand will meet on Wednesday, June 26. This event will increase the volatility for the pair.
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