FX.co ★ Patterns NZDCHF | New Zealand Dollar (NZD) to Swiss Franc (CHF) Rate in the Forex market
NZDCHF M30
Head and Shoulders
The Head and Shoulders pattern has formed on the NZDCHF M30 chart. After the right shoulder forms, a break below the lower of the neckline anchors at 0.4776/0.4778 may confirm the bearish reversal.
NZDCHF H1
Head and Shoulders
The Head and Shoulders pattern has formed on the NZDCHF H1 chart. After the right shoulder forms, a break below the lower of the neckline anchors at 0.4776/0.4778 may confirm the bearish reversal.
NZDCHF M15
Triple Bottom
The Triple Bottom pattern has formed on the NZDCHF M15 chart. It has the following characteristics: resistance at 0.4741; support at 0.4738; pattern width of 3 points. If the confirmation resistance at 0.4743 is broken, the price is likely to continue upward by at least 6 points.
NZDCHF H1
Bearish Symmetrical Triangle
The Bearish Symmetrical Triangle pattern has formed on the NZDCHF H1 chart. A break below the lower boundary at 0.4739 is likely to signal a continuation of the downtrend.
NZDCHF D1
Bullish Pennant
The Bullish Pennant pattern has formed on the NZDCHF D1 chart. This is a continuation pattern. If the price closes above the pennant high at 0.4785, the uptrend is likely to continue.
NZDCHF M15
Double Top
The Double Top reversal pattern has formed on the NZDCHF M15 chart. Its upper boundary is at 0.4754, its lower boundary is at 0.4746, and its width is 7 points. A short position may be considered below the lower boundary at 0.4746, with a potential target at 0.4724.
NZDCHF M5
Bullish Rectangle
The Bullish Rectangle has formed on the NZDCHF M5 chart and indicates a likely continuation of the trend. Its upper boundary is at 0.4736 and its lower boundary is at 0.4732. A long position may be considered after the price breaks above the upper boundary at 0.4736 of the Bullish Rectangle.
NZDCHF M5
Bullish Rectangle
The Bullish Rectangle has formed on the NZDCHF M5 chart and indicates a likely continuation of the trend. Its upper boundary is at 0.4734 and its lower boundary is at 0.4728. A long position may be considered after the price breaks above the upper boundary at 0.4734 of the Bullish Rectangle.
NZDCHF M5
Bearish Rectangle
The Bearish Rectangle has formed on the NZDCHF M5 chart and indicates a likely continuation of the trend. Its resistance zone is at 0.4721–0.4721 and its support zone is at 0.4707–0.4707. A break below support at 0.4707 is likely to signal a continuation of the bearish trend.
NZDCHF M15
Bearish Rectangle
The Bearish Rectangle has formed on the NZDCHF M15 chart and indicates a likely continuation of the trend. Its upper boundary is at 0.4721 and its lower boundary is at 0.4707. A short position may be considered once the price closes below the lower boundary at 0.4707 of the Bearish Rectangle.
