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NZDCHF: Descending resistance lines
New Zealand Dollar/Swiss Franc
Short
NZDCHF: Descending resistance lines
By Finchcliffe
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Updated
Nov 19, 2023
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Nov 4, 2023
Seeing this pair reject from either the current local resistance boundary or if not the longer term descending trendline.
I'm expecting NZD weakness in the coming week so monitoring LTF's carefully.
I believe we'll be dropping down from either 0.538 or 0.543, a break above this latter number could signify reversal.
Nov 19, 2023
Note
Continuation down for this pair, think we'll see 0.52, shame I didn't take the trade!!
Chart Patterns
chf
dollar
franc
newzealand
NZD
NZDCHF
swiss
swissie
Trend Analysis
Finchcliffe
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