NZDCHF Daily Uptrend Short

NEW ZEALAND DOLLAR / SWISS FRANCICE

Description

⋅ Sep 5, 2016 8:21 AM

MACD is above its signal line and positive. RSI is overbought.

This could mean that either the pair is in a lasting uptrend or just overbought and that therefore a correction could shape (look for bearish divergence in this case).

Potentially to reach 0.7302 / 0.7380.