NZF/CHF long setup

Aktualisiert
Technical Bias Bullish
- Extending upside for the 4th straight session
- RSI above 50 and biased higher
- Stochs show bullish momentum
- Price has broken into daily cloud, tests 23.6% Fib

Support levels - 0.6447 (5-DMA), 0.6438 (21-EMA), 0.6371 (Oct 8 low)
Resistance levels - 0.6512 (Upper BB), 0.6564 (cloud top), 0.6622 (38.2% Fib)

Good to go long on break above 23.6% Fib, SL: 0.6475, TP: 0.6515/ 0.6565/ 0.6620
Kommentar
Finds strong support at 55-EMA. Bias higher.
Kommentar
TP1/2 hit.
Chart PatternschfTechnical IndicatorsNZDNZDCHFnzdchflongTrend Analysis

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