Technical Analysis – NZDCHF approaches 200-MA as positive picture improves

NZDCHF is nearing the 200-day simple moving average (SMA) after buyers drove the price up from the 0.6280 level – which is the 23.6% Fibonacci retracement of the down leg from 0.6670 to 0.6161 – and past various restricting obstacles. The recent climb seems to be backed by positive signals from the technical indicators and […]