NZDCHF Analysis 04/19/20

FX:NZDCHF   New Zealand Dollar/Swiss Franc
We can see that on the one hour time frame price has created an ascending channel and we will be watching to see how the pattern plays out. One scenario we could face is a long setup, where price stays in the structure, heading to the upside. The second scenario is a bearish idea, that we get a break to the downside and price heads to recent lows.