NZD - BEARISH 1️⃣ New Zealand Local 10-year bond yields fell from 22-month highs to 1.771%, while US 10-year rates eased slightly from 13-month highs to 1.595%.
CHF - BULLISH 1️⃣ Slow vaccination in Europe could trigger the safe-haven flows.
===== Technical =====
We are looking to sell the NZDCHF at SBR + below SMA 50 on the H1 chart.
===== Risk to this trade =====
Any change in sentiment could turn the pair's direction.
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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.