NZDCHF is trading in a channel since March 23.
NZD is strongly related to AUD prices, with China ramping up production again and easing lockdowns,
there might be a chance for moderate gains in AUD which will also strengthen NZD.
However recent news regarding Corona Virus worldwide seem to have a stronger sentiment to the downside,
therefore i will wait for a clear signal around the resistance level.
If the resistance got confirmed and/or unexpected bad news come in this week, i will consider entering short.
NZD is strongly related to AUD prices, with China ramping up production again and easing lockdowns,
there might be a chance for moderate gains in AUD which will also strengthen NZD.
However recent news regarding Corona Virus worldwide seem to have a stronger sentiment to the downside,
therefore i will wait for a clear signal around the resistance level.
If the resistance got confirmed and/or unexpected bad news come in this week, i will consider entering short.