ForexGoldenBoy

Decoding NZDCHF: 65 points in the sights

Short
FX:NZDCHF   New Zealand Dollar/Swiss Franc
Summary:

Prices are in a bearish channel
As expected, the rise stopped near the resistance
A bearish rebound followed
So far the bounces from one boundary to the other are done quickly
If the situation persists prices will soon be back on the lower bound of the channel
Theoretical acceleration of the bearish rebound to follow
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