FXHighway

NZDCHF heads for extended bearish targets

Short
FX:NZDCHF   New Zealand Dollar/Swiss Franc
2
Updating the NZDCHF pair's outlook, the pair is about to surpass the second target at 0.6820, which will open the way to the extended target located at 0.6680.

Breaking this level will push the price for more bearish bias towards 0.6385.

More negative pressure comes from the exponential moving averages 50 and 100

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