CHART SCALE: Weekly


INDICATORS: Parabolic Sar, Money Flow Index, Linear Regression Slope


RESISTANCE LEVELS: 0.73297


SUPPORT LEVELS : 0.68091


PAIR ANALYSIS :


NZD/CHF has been traded in a slightly bullish pattern as indicated in fig 1. The pair actually is in a slightly bearish secondary behavior and it is possible that the tendency can support the trendless analysis in consideration of the linear regression slope around -0.0001, the chart analysis and the parabolic Sar distribution.
The cyclic and the chart analysis can support the possible secondary bullish retracement around the support line at with objective at 0.7003 zone.
A bullish crossing at 0.73297 could be an indication of a bullish recovery and a bearish crossing at 0.68091 could suggests a bearish trend domination.

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