🎗Name : NZD/CHF
🗨Time Frame : 4hrs Chart
(🖇️Long Order )
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🧾 : WHY IS NZDCHF GOING UP?
If New Zealand's economy is performing well, with strong economic growth, low unemployment and a healthy export sector, investors can have confidence in the NZD. This could increase demand for the New Zealand dollar and lead to an increase in the NZDCHF rate. If the Reserve Bank of New Zealand raises interest rates while the Swiss National Bank keeps them unchanged or lowers them, it could make New Zealand's currency more attractive to investors. This could lead to a strengthening of the NZD against the CHF.
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➕Bullish Break
0.512100 - 0.50800 Area
Reasons
Major Turn level / M
Visible Range Lvn Area
Liquidity Area
M / W Low
PVP
➖Bearish Reversal
0.54505 - 0.56700 Area
Reasons
Major Turn level / D
Visible Range Lvn
Trend Line
M / W High
Bearish Reversal
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🗨Time Frame : 4hrs Chart
(🖇️Long Order )
------
🧾 : WHY IS NZDCHF GOING UP?
If New Zealand's economy is performing well, with strong economic growth, low unemployment and a healthy export sector, investors can have confidence in the NZD. This could increase demand for the New Zealand dollar and lead to an increase in the NZDCHF rate. If the Reserve Bank of New Zealand raises interest rates while the Swiss National Bank keeps them unchanged or lowers them, it could make New Zealand's currency more attractive to investors. This could lead to a strengthening of the NZD against the CHF.
——————————
➕Bullish Break
0.512100 - 0.50800 Area
Reasons
Major Turn level / M
Visible Range Lvn Area
Liquidity Area
M / W Low
PVP
➖Bearish Reversal
0.54505 - 0.56700 Area
Reasons
Major Turn level / D
Visible Range Lvn
Trend Line
M / W High
Bearish Reversal
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