NZDCHF is approaching our first resistance at 0.6947 (horizontal swing high resistance, 100% extension, 78.6% Fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 0.6825 (100% Fibonacci extension, horizontal swing low support). Stochastic (21,5,3) is also approaching resistance where we might see a corresponding drop in price. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.