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NZDCHF: Resuming Bearish Trend?
NZD/CHF
Short
NZDCHF: Resuming Bearish Trend?
By NovaFX23
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Nov 14, 2024
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Nov 14, 2024
The NZDCHF has shifted from its upward trend and is now moving downward after an extended bullish rally.
A decisive break below a key support level signals strong selling pressure in the market.
I expect the downward momentum to persist, with the currency pair potentially reaching the 0.5190 level soon.
Candlestick Analysis
Supply and Demand
Support and Resistance
NovaFX23
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