The short setup sent to the Elite Zone members in 
NZDCHF, reached first target level.
The fact that it is a daily support zone, 61.8 Fib level and profits taking level means that we have potential for a pullback move. You can also see that wee have daily trend line to support and upward move.
0.775 is a potential daily target level ( and a good place to look to sell for continuation move).
If the pair will continue to fall, it will reach secondary target level near 0.757.
Join the Elite Zone for more trade ideas and advanced technical analysis
NZDCHF, reached first target level. The fact that it is a daily support zone, 61.8 Fib level and profits taking level means that we have potential for a pullback move. You can also see that wee have daily trend line to support and upward move.
0.775 is a potential daily target level ( and a good place to look to sell for continuation move).
If the pair will continue to fall, it will reach secondary target level near 0.757.
Join the Elite Zone for more trade ideas and advanced technical analysis
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.