NzdChf- 0.61+ tells a story

By Mihai_Iacob
The long-term trend for NzdChf is bearish and after recovering from this spring lows the pair is ready to resume its downwards trajectory.
Last week NzdChf tried to reconquer 0.61 but without success and we have 4 longtailed candles in this zone (2 being clear pin bars)
I favor short positions with a SL above 0.6160, as for target 0.5950 support could be a good place for TP
Chart PatternsTechnical IndicatorsNZDCHFnzdchfanalysisnzdchfforecastnzdchfideanzdchfsellnzdchfsetupnzdchf_shortnzdchfshortnzdchfsignalTrend Analysis
Mihai_Iacob
🚀 Elevate your trades with a 20-year market veteran!

📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals

💎 Crypto Channel:
t.me/FanCryptocurrency

🌟 Premium Contact:
t.me/IacobMihai

Related publications

Disclaimer