ThinkingAntsOk

NZDCHF on bearish momentum by ThinkingAntsOk

FX:NZDCHF   New Zealand Dollar/Swiss Franc
Main items we can see on the chart:

a) The major structure is the white descending trendline

b) Currently, we can see the price inside a macro corrective structure (yellow channel) That is a correction of the previous impulse

c) However we can work inside that macro corrective structure, and we can see a minor corrective structure (purple channel)

d) We had a breakout of it, and we expect a continuation of the bearish movement, towards 0.59300 (the lower trendline of the macro corrective structure)

e) From there we will be paying attention for a reversal movement
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