Nzd/Chf is topping out after retacing 61.8% on weekly fibonacci level
After the Swiss pulled the rug out from under their currency,
all pairs have been climbing back up - recovering from the huge drops they made
Nzd/Chf has reached 61.8% weekly fibonacci retracement level,
and will probably start to fail, and drop back down from here - RSI_14 is around 50
Nzd/Chf weekly chart
On the daily chart we can see that the Stochastic indicator is showing bearish divergence
- the price is moving up, but …
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