NZDCHF ASCENDING TREND LINE BREAK OUT
break below ascending trend line. Waiting for a strong close below 0.58 to take sell entry. Two take profits are set for this trade as price may retrace after hitting tp 1. Fundamentally the CHF appears stronger than the NZD as the markets move towards purchasing safe haven assets in light of covid-19 realities sinking in.Note
Daily chart view.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.