Mihai_Iacob

NzdChf- Sell on confirmation

Short
OANDA:NZDCHF   NZD/CHF
NzdChf is in a clear downtrend for years now and since April the price is contained in a descending triangle.
Support for the pattern lies at 0.5450 and a break here could lead to a 300 pips drop in the medium term.
Watch for a daily close under support level for sells.

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