NZDCHF currency pair recently reversed up from the support zone lying between the key support level 0.61000 (which has been reversing the price from the middle of January) and the lower daily Bollinger Band. The upward reversal from this support zone stopped the previous short-term impulse wave 3 from the start of January – which belong to wave (C) from October. Given the strength of the aforementioned support zone and the clear Swiss franc bearish sentiment that can be seen across the currency markets today, NZDCHF currency pair can be expected to rise further toward the next resistance level 0.62000 (former strong support from December and January).