NZD/CHF BEARS WILL DOMINATE THE MARKET|SHORT
Updated
Hello,Friends!
The BB upper band is nearby so NZD-CHF is in the overbought territory. Thus, despite the uptrend on the 1W timeframe I think that we will see a bearish reaction from the resistance line above and a move down towards the target at around 0.533.
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I stand by my prediction and my idea is confirmed by the fact that the pair is moving towards the target!
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