H1 - Bearish trend pattern
Currently it looks like a pullback is happening
Until the strong resistance zone holds I expect the price to move lower further after pullbacks.
1. NZDCHF is currently held resisted at the 0.59675 level. This level is very significant as it marks a huge supply origin on April 30th and serves as an inflection point supported on April 29th.
2. We're currently seeing this level hold up. You'll notice that we're not seeing large bullish candles, but rather alternating red and green bars. On a lower time...
