NZDCHF is preparing to try to break the resistance level
The NZDCHF currency pair began to rise in price and approached the strong resistance level of 0.6580. Then the price made the first attempt to break through this level, but could not overcome this level and rolled back a little. The MACD indicator is above the zero level and shows no signs of divergence. If the resistance level is broken through, there is every chance that the position will reach its intended target.
Order Type: Pending Order - Buy Stop
Entry Price at 0.6585
Take Profit at 0.6620
Pips Earning: 35
Forex trade strategy for major currency pairs:
EURUSD buy at the price of 1.1620
USDJPY buy at the price of 114.50
GBPUSD buy at the price of 1.3835
USDCHF sell at the price of 0.9180
The result of a trade recommendation.
Daily trading analysis of the forex market from AZAforex
The profit can be $350.00 if the trading volume of 100000 NZD (1 Lot).