ayazougradar

ayazougradar

NZDCHF is showing signs of overbought conditions on the 1hr and 4hr charts. Resistance level at 0.61620 level which is where we also meet the top line of our descending trend line. A good sell opportunity.

ayazougradar

The pair has reversed after respecting the resistance zone around 0.70370 level and expect it to come down to test the 0.69300 level. Potential AUDUSD sell opportunity if there is a break below the neck line of the head and shoulders pattern.