NZDCHF looks to be forming an inverse head and shoulder pattern at a monthly demand zone. Price on the monthly chart suggests we could be seeing a higher low and that higher prices could be likely. The CHF is getting weaker of recent and could continue here.
In this video update, we take a look at the currency pairs high on our watchlist. We have previously looked at the New Zealand Dollar as we are expecting to see some strength from the currency. We take a look at NZDUSD, EURNZD, NZDCHF, and NZDJPY.
In today's video update, we go through NZDCHF. This currency pair has been rising for a few weeks now and could correct back down into key support before continuing on its uptrend.
NZD/USD NZD/JPY NZD/CHF NZD/CAD