NZD/CHF BEARS ARE STRONG HERE|SHORT Short

New Zealand Dollar/Swiss FrancFXCM

Description

⋅ Jun 5, 2023 11:13 AM

Hello,Friends!

The BB upper band is nearby so NZD-CHF is in the overbought territory. Thus, despite the uptrend on the 1W timeframe I think that we will see a bearish reaction from the resistance line above and a move down towards the target at around 0.543.

✅LIKE AND COMMENT MY IDEAS✅

Comments

EliteTradingSignals

⋅ Jun 5, 2023 11:20 AM

What are your thoughts on NZD/CHF ?

JoeChampion

⋅ Jun 6, 2023 2:06 PM

Good job

TheCryptagon

⋅ Jun 6, 2023 7:06 AM

Solid technical pattern, I've seen it work countless times on other assets as well.

UnitedSignals

⋅ Jun 5, 2023 7:31 PM

I agree with your technical outlook!

AnabelSignals

⋅ Jun 5, 2023 5:37 PM

Good post, buddy!