NZDCHF recently reversed down from the resistance area lying between the strong resistance level 0.63650 (which has reversed the price multiple times from the start of September) , upper daily Bollinger Band and the 38.2% Fibonacci correction of the previous downward impulse from July. Given the moderate bearish New Zealand dollar sentiment seen across the markets – NZDCHF is likely to remain under the bearish pressure and to fall toward the next support level 0.63000.