What happened? It looks like the decline in EUR/CHF to 1…
NZD/CHF falling inside minor corrective wave 2
2019-11-11 • Updated
- NZD/CHF falling inside minor corrective wave 2
- Next sell target - 0.6730
NZD/CHF continues to fall inside the minor corrective wave 2, which recently reversed down from the resistance area lying between the strong resistance level 0.6890 (which reversed the price with the daily Shooting Star at the end of January), upper daily Bollinger Band and 38.2% Fibonacci correction of the previous intermediate ABC correction from the start of January. NZD/CHF is expected to fall further toward the next sell target at the next support level 0.6730 (low of the previous corrective wave (2)).
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Hello again my friends, it’s time for another episode of “What to Trade,” this time, for the month of April. As usual, I present to you some of my most anticipated trade ideas for the month of April, according to my technical analysis style. I therefore encourage you to do your due diligence, as always, and manage your risks appropriately.
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