NZDCHF recently reversed up from the support area located between the support level 0.6200 (which reversed numerous downward waves in August) and the lower daily Bollinger Band. The upward reversal from this support area stopped the earlier short-term impulse wave 3 – which belongs to wave (C) from July. With the strengthening bearish sentiment affecting the Swiss Franc at the moment – NZDCHF is likely to extend the gains and continue the upward correction toward the next resistance level 0.6300. Buy stop-loss can be placed below the support level 1.7580.