victor6

NZDCHF ASCENDING TREND LINE BREAK OUT

Short
victor6 Updated   
FX:NZDCHF   New Zealand Dollar/Swiss Franc
NZDCHF below ascending trend line. Waiting for a strong close below 0.58 to take sell entry. Two take profits are set for this trade as price may retrace after hitting tp 1. Fundamentally the CHF appears stronger than the NZD as the markets move towards purchasing safe haven assets in light of covid-19 realities sinking in.
Comment:
Daily chart view.
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