FX-TradingLions

Selling the Kiwi: A Bearish Look at NZD/CHF

Short
FX:NZDCHF   New Zealand Dollar/Swiss Franc
Hello Traders!

All timeframes are trending towards the downside, swiss is a more dominant currency overall against the kiwi. We do have a fairly strong support level nearby around 20-30 pips so make sure to bank some profits as usual once reached, if the bears manage to break the support this should continue dropping much further basing on the higher timeframe analysis.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.