NZDCHF DAILY

TECHNICAL ANALYSIS

 The pair has continuously reacted off the resistance zone around 0.72235 marked R. It is now reacting to a 21 Simple Moving Average support. Close below the pink trendline marked X can lead price into support zone around 0.70027 marked A which is the same zone as the pink trendline T. Close below T may lead price into the larger support zone marked P around 0.66987