NZDCHF: Pullback From Key Level 🇳🇿🇨🇭


NZDCHF reached a significant daily horizontal supply zone.

Taking into consideration, that the pair is quite overbought,
probabilities will be high that we will see a bearish reaction to the underlined blue area.

Cup & handle pattern on an hourly time frame gives us a nice bearish confirmation.

I expect a bearish movement to 0.5375 support now

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