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Nzdchf-short

NZDCHF Will Move Lower! Sell! Here is our detailed technical review for NZDCHF. Time Frame: 6h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The price is testing a key resistance 0.564. Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 0.556 level. P.S Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all. Like and subscribe and comment my ideas if you enjoy them!
Short
by SignalProvider
1
NZDCHF I Local short from resistance zone Welcome back! Let me know your thoughts in the comments! **NZDCHF Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support!
Short
by BKTradingAcademy
14
NZD/CHF | SHORT TRADE ENTRYhello everyone x) looking at the higher time frames, nzd/chf is looking pretty bearish, broke past a 4-hour uptrend as well as also crossed 20/50/100 moving averages suggesting selling power. 1-hour bearish engulfing candlestick closure to confirm the entry. Both currencies are being slightly bought by the hedge funds but I believe this trade has a good potential to continue to move further down to re-test at least one of the previous bottom levels.
Short
by fxtraderkristina