NZDCHF LOOKING FOR RELIEF ALSO
Just as with AUDCHF we have been trading this market long successfully and now we are approaching a key resistance up at 0.6720 with 1.618 Fib extension confluence.
This market is almost mirror imaging AUDCHF and could be traded instead of the AUDCHF pair. Again counter-trend traders here could look for short opportunity back into key highs.
Look for double top patterns or the market to create lower lows before executing a short trade. We could see the market pullback into the key highs at 0.6600 before seeing more upside
in line with trend.
This market is almost mirror imaging AUDCHF and could be traded instead of the AUDCHF pair. Again counter-trend traders here could look for short opportunity back into key highs.
Look for double top patterns or the market to create lower lows before executing a short trade. We could see the market pullback into the key highs at 0.6600 before seeing more upside
in line with trend.
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