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Australian Dollar / Swiss Franc
Short

NZDUSD Approaching Resistance, Potential Reversal

By ICmarkets
Broker
AUDCHF is approaching its resistance at 0.7033 (100% Fibonacci extension, 50% Fibonacci retracement, Horizontal overlap resistance) where it is expected to reverse down to its support at 0.6891 (38.2% Fibonacci retracement).
Stochastic (89, 5, 3) is approaching its resistance at 98% where a corresponding reversal is expected.
audAUDCHFaudchflongaudchfshortChart PatternschfForexforexsignalforextradingHarmonic PatternsTrend Analysis
ICmarkets
Broker
IC Markets is an online forex broker specialized in providing transparent trading solutions to both retail and institutional investors alike. We provide superior execution technology, lower spreads and unrivaled liquidity.
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