NZDCHF - Weekly Forecast - Technical Analysis & Trading Ideas

375
Midterm forecast:
  • While the price is above the support 0.49439, beginning of uptrend is expected.
  • We make sure when the resistance at 0.52680 breaks.
  • If the support at 0.49439 is broken, the short-term forecast -beginning of uptrend- will be invalid.

NZDCHF
Technical analysis:
  • A peak is formed in daily chart at 0.51845 on 02/20/2025, so more losses to support(s) 0.49950 and minimum to Major Support (0.49439) is expected.

Take Profits:
  1. 0.51043
  2. 0.51780
  3. 0.52680
  4. 0.53798
  5. 0.55094
  6. 0.56221
  7. 0.56728
  8. 0.57630
  9. 0.58900
  10. 0.60187
  11. 0.65051

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ForecastCity Support Team

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