NZD/CHF ST: our next up target stands at 0.727
26-May-11
05:21
Our pivot point stands at 0.685.
Our preference: our next up target stands at 0.727.
Alternative scenario: below 0.685, expect 0.671 and 0.663.
Comment: the RSI is above its neutrality area at 50. The MACD is above its signal line and negative. The MACD must break above its zero level to trigger further gains. Moreover, the pair is above its 20 and 50 MAs (standing respectively at 0.6957 and 0.6982).
Supports and resistances:
0.736 *
0.727 **
0.719
0.7029 last
0.69
0.685 **
0.671 *
Ticker: NZDCHF
