: Parabolic Sar, Money Flow Index, Linear Regression SlopeRESISTANCE LEVELS
: 0.73001SUPPORT LEVELS
: 0.70011PAIR ANALYSIS
NZD/CHF has been traded in a slightly bullish pattern within a triangle as indicated in fig 1. The pair actually is in a bearish secondary retracement of the triangle and it is possible a slightly bullish tendency that can support the analysis in consideration of the linear regression slope around 0.0001, the chart analysis and the parabolic Sar distribution.
The cyclic and the chart analysis can support the possible bullish retracement around the resistance line at with objective at 0.72982 zone.
A bullish crossing at 0.73001 could be an indication of a bullish recovery and a bearish crossing at 0.70011 could suggests a bearish trend domination.
Considering the chart analysis can be evaluated a forecast price at the 0.72932.FIGURE 1
shows the trendlinesFIGURE 2
indicates the forecasting pattern