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EliteTradingSignals
Mar 21, 2024 3:15 PM

NZD/CHF SENDS CLEAR BEARISH SIGNALS|SHORT Short

New Zealand Dollar/Swiss FrancFXCM

Description


Hello,Friends!

NZD/CHF pair is in the uptrend because previous week’s candle is green, while the price is evidently rising on the 1D timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 0.533 because the pair overbought due to its proximity to the upper BB band and a bearish correction is likely.

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Comment

TP in sight so we are being patient!
Comments
beukeveldbram
i am in from 0.54500, close or wait with sl on BE?
forexpips01
expecting a bullish movement this week
EliteTradingSignals
What are your thoughts on NZD/CHF ?
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