SamKent
Long

NZD/CHF long off support

FX:NZDCHF   New Zealand Dollar/Swiss Franc
46 0 0
The NZD/CHF is looking to form another hammer, on the back of the 0.7585 support&resistance zone, and again looking to post a 3rd close above the kijun sen. We're trading above the kumo, we're trading in an ascending channel overall structure, we're trading RSI>50; all signs are positive as far as we're concerned. Therefore, we're buyers on a break of the recent highs, aiming towards the upper channel line, with a stop just below the kumo support.
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