NZDCHF recently broke through the key resistance area lying at the intersection of the resistance trendline of the daily down channel from March and the 50% Fibonacci correction of the previous sharp downward impulse wave C from July. Given the predominantly bullish sentiment affecting the New Zealand dollar, coupled with the bearish Swiss Franc sentiment– NZDCHF is likely to remain under the bullish pressure and to rise toward the next resistance level 0.6450.