NZDCHF Bullish in Medium Term by Interest Rate Differential

The NZDCHF still bullish in medium term by interest rate differential, except the current interest rate differential to be changed by monetary policy change by the RBNZ or SNB. Therefore, the monetary policv on interest rate by the RBNZ and the SNB shall be closely monitored to anticipate possible changes. The estimated medium term exchange rate target zone falls to 5 % and the pair is being fluctuated above the central parity of the medium term to the upper ceiling.

Too late to target the medium term target zone but high frenquency traders aggressively long from the daily lows to highs and interdays lows to highs by time series interest rate differential based-bilateral currency band measurement.