NZD/CHFShort
NZDCHF Update: Support Broken—Bearish Momentum Activated
NZDCHF has broken through the key support level, signaling potential downside ahead. With this move, I'm standing with the bears for now.
I'll be watching to see if this level turns into resistance on a retest, which could confirm further bearish momentum. Staying cautious and managing risk is essential, but things are looking promising for short positions.
Are you on the same side, or do you see a reversal coming soon? Drop your thoughts below!
I'll be watching to see if this level turns into resistance on a retest, which could confirm further bearish momentum. Staying cautious and managing risk is essential, but things are looking promising for short positions.
Are you on the same side, or do you see a reversal coming soon? Drop your thoughts below!
Related publications
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.