Forexintelligence_NA

NZDCHF: Do not miss this long term sell opportunity

Short
FX:NZDCHF   New Zealand Dollar/Swiss Franc
A week ago, I made prediction on this pair. I stated that the pair is in a strong downtrend on a higher timeframe. Price reached the resistance of the downtrend and got rejected strongly. I was looking for long term short positions since I saw a strong bearish engulfing bar. From the time of my prediction, price fell nearly with 185 Pips. I expect more decline this coming week. For new entries I will be looking for bearish continuation structures for sell positions.

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