Support & Resistance Levels – NZD/USD & EUR/CHF

Posted Thursday, March 30, 2017 by
Skerdian Meta • 1 min read

We have yet to take a look at the support and resistance levels this week, so let´s do that now. Let´s start with NZD/USD and EUR/CHF since we have two open signals there.

NZD/USD

Support

1st – 0.70 (big round number & mild support)

2nd – 0.6990 (strong support & 100 SMA on H4 chart)

3rd – 0.6950 (mild support)

Resistance  

1st – 0.7025-30 (moving averages on H1 chart)

2nd – 0.7040-50 (the high on Tuesday and Wednesday)

3rd – 0.7070-80 (March resistance) 

4th – 0.71 (big round number)

EUR/CHF

Support

1st – 1.07 (big round number & mild support)

2nd – 1.0680 (strong/massive support level & 50 SMA on H4 chart)

3rd – 1.0670 (mild support)

4th – 1.0630 (strong support & the low since Brexit vote)

Resistance

1st – 1.0720 (mild resistance)

2nd – 1.0730-35 (mild)

3rd – 1.0745-50 (solid resistance)

Check out our free forex signals
Follow the top economic events on FX Leaders economic calendar
Trade better, discover more Forex Trading Strategies
Related Articles
Today the situation has reversed completely as Credit Suisse is showing difficulties, which has hurt risk sentiment
5 days ago
Comments
0 0 vote
Article Rating
Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments