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NZD/CHF
Long

possible NZDCHF breakout

By Fxphil_trade
looking from the 4 hour time frame we can see that the market has been in a state of consolidation retesting major level of resistance 0.52620 4 times, the current upside push is currently retesting previous level of resistance from a higher high, if you look at it on the 1hr or 30 min time frame the rejections on all these levels are very clear. Giving me the optimism of a continuous push to the upside, eventually break out of this consolidation phase
Candlestick AnalysisSupport and ResistanceTechnical AnalysisTrend Analysis
Fxphil_trade

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