NZDCHF LONG
In the daily timeframe price has been moving in a symmetrical triangle , we see that price has touched the lower trendline of the triangle , which fueled a move to the upside before a retracement of just below 78.6% , Now price formed a W pattern then retraced to the neckline of the W we could see a potential upside from this neckline . However NZD being in recession doesn't really help much the currency from the fundamental side of things
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.