NZDCHF recently reversed up from the support area lying between the key support level 0.57550 (former double bottom from the middle of April), lower daily Bollinger band and the 50% Fibonacci retracement of the previous ABC correction from March to the end of last month. With the strengthening bearish Swiss franc sentiment seen across the markets today – NZDCHF is expected to remain under the bullish pressure today and to extend the gains toward the next resistance level 0.58540. Strong support remains at the support level 0.57550.