NZD/CHFShort
NZD/CHF - SHORT - LARGE PIP MOVEMENT FAVORABLE
Overall outlook bearish, from monthly time frame market has broken through support then retraced to new resistance (currently retesting)
Accumulation Phase, hedges generating liquid before they short. Seeing a build up here, Market may soon drop from resistance to next major support
200EMA shows downtrend on M,W & Daily
Accumulation Phase, hedges generating liquid before they short. Seeing a build up here, Market may soon drop from resistance to next major support
200EMA shows downtrend on M,W & Daily
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.