glennmercer

Bearish Kiwi vs Bullish Franc: Short to #cypher

Short
glennmercer Updated   
FX:NZDCHF   New Zealand Dollar/Swiss Franc
Hey traders, I like a short on this pair. I see a lot of potential downside for the Kiwi against potential bullishness in the Franc. Also, the wedge retainer and parallel channel resistance is strong and there is MA resistance on the 1H. Cheers
Trade active:
Active last night. Cheers
Trade closed: stop reached:
SL Hit after breakout of wedge. Heavily short AUD at the moment. Great risk-off moves after US/Syria news.

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