Today's
Chart: NZD/CHF ( Hourly )
SUMMARY:
SUMMARY:
The major trend of
NZD/CHF
is bullish. Prices are successfully sustaining on higher levels &
consolidating near the important level of 0.7445. The pair is
consolidating with strong positive bias and expected to give
breakout at upside & can continue its ongoing trend. If NZD/CHF
crosses the psychological level of 0.7450 at upside then we can
expect it to test the level of 0.7510/0.7550.
INDICATORS:-
RSI is sustaining in buying territory supporting the
upcoming bullish trend in the pair.
Prices are also taking support of 30 DMA & 200 DMA,
can show positive side movement for the day.
MACD line is also sustaining in buying territory,
indicating the up trend in the market.
STRATEGY:-
NZD/CHF
is sustaining on higher levels & looking bullish on charts. One
can go for buy on dips strategy for this pair for intra day to mid
term positions.
No comments:
Post a Comment