High test close on NZD/CHFPrice action is trending downwards establishing consecutive lower lows and lower highs. A bearish high test rejecting the 0.7490 level, the 50% retracement and closing under the 38.2% Fibonacci level symbolises a continuation setup short potentially into 0.7190.
entry - below high test
stop loss - above high test
target - support area at ~0.7190
