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Dec 6, 2018 3:09 AM

NZD/CHF (Daily Chart) - Bearish RSI Divergence Short

New Zealand Dollar/Swiss FrancFXCM

Description

This pair is starting to show some signs of bearishness after running into the long-term down trendline.

After nearly hitting 80 on the RSI (which shows some level of overbought), it now shows a bearish divergence which hints at further price weakness.

Hence there is a high chance we will be seeing some correction.
Comments
transparent-fx
NC It's definitely an interesting pair generally, atm this is my view
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