Price on 
NZDCHF has formed quite an arch or Rounded Top since its last visit of Support back in June.
During the recent descent, we can see price has given us a slight pullback back to an Area of Value that is being tested as a Local Resistance level in the .4680 - .4670 area.
If price continues to be rejected from here, we could see price continue falling to the next area of Support being the .4570 -.4560 area!
During the recent descent, we can see price has given us a slight pullback back to an Area of Value that is being tested as a Local Resistance level in the .4680 - .4670 area.
If price continues to be rejected from here, we could see price continue falling to the next area of Support being the .4570 -.4560 area!
Trade closed manually
For All Things Currency,
Keep It Current,
With Novi Fibonacci!
Keep It Current,
With Novi Fibonacci!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
For All Things Currency,
Keep It Current,
With Novi Fibonacci!
Keep It Current,
With Novi Fibonacci!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
