Timonrosso

NZDCHF Long to 0.6288 - with little worry

Long
FX:NZDCHF   New Zealand Dollar/Swiss Franc
Cup and Handle formed on daily and broke up and out beautifully.
The 7>21 but <200 MA
Once price breaks above the level the target will easily go to 0.6288
My concern is the break up after a continuous downtrend which makes it a medium probability trade.

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Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
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