NZDCHF
W1 - Long downward trend, in which the highs are not rewritten, which makes it likely that the correction will end and the movement will continue down to the levels of 0.51260
D1 - Formation of a three-wave structure, which can lead to further movement down to the lower border of the trend channel. Locally to levels 0.52920.
What can you expect?
You can consider entering from the level 0.54070 - 0.53870 with further movement to the target 0.51900.
Targets 0.53440 - 0.53040 - 0.52430
W1 - Long downward trend, in which the highs are not rewritten, which makes it likely that the correction will end and the movement will continue down to the levels of 0.51260
D1 - Formation of a three-wave structure, which can lead to further movement down to the lower border of the trend channel. Locally to levels 0.52920.
What can you expect?
You can consider entering from the level 0.54070 - 0.53870 with further movement to the target 0.51900.
Targets 0.53440 - 0.53040 - 0.52430