NZDCHF *WATCH OUT FOR THIS AUGUST* (BEARISH) (SHORT)
PREVIOUS LOW SUPPORT = 0.65517 (HELD FROM 29/MAY/2019)
LOWEST LOW SUPPORT = 0.65332 (FROM 23/MAY/2019)
With JP Morgan Vice President Of Global currency (Paul Meggyessi) has said "that in a recession, the NZ Dollar will be the worst performing major currency". He also stated that "the New Zealand Dollar lose and average, 7%-8% of it value.
Looking at the table (chart) the bearish momentum started @0.68079 on the 30/apr/2019. It dropped 4.02% to its lowest support @0.65332 (23/may/2019). The NZD/CHF has broken the support @0.65517, if it breaks the support @0.65332. There could possibly be roughly another 3% of bearish momentum. Tha last time is reached these levels were in .....
25/AUG/2015
02/AUG/2011
these are all on the August month with a spacing of 4 years showing that there is a high possibilty there is more bearish movement to come and fast.
LOWEST LOW SUPPORT = 0.65332 (FROM 23/MAY/2019)
With JP Morgan Vice President Of Global currency (Paul Meggyessi) has said "that in a recession, the NZ Dollar will be the worst performing major currency". He also stated that "the New Zealand Dollar lose and average, 7%-8% of it value.
Looking at the table (chart) the bearish momentum started @0.68079 on the 30/apr/2019. It dropped 4.02% to its lowest support @0.65332 (23/may/2019). The NZD/CHF has broken the support @0.65517, if it breaks the support @0.65332. There could possibly be roughly another 3% of bearish momentum. Tha last time is reached these levels were in .....
25/AUG/2015
02/AUG/2011
these are all on the August month with a spacing of 4 years showing that there is a high possibilty there is more bearish movement to come and fast.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.