Possible long on this pair, NZDCHF. It hits the downside of the uptrend tube. First safe target is around 0.7183. There could be a point where the support becomes a resistance. Next target could be the Highs, around 0.7300
It looks solid long. Cash build up seems to have ended and Magic-T is pointing upwards. Trading currently above all the trend lines and the overall trend is long. There is a potential small profit of a couple of hundred pips, but the risk/reward is fair.
Nzdchf hold Strong Weekly support and Formed Bullish Bar in last Week.
We can See it can Revisit 0.7150-0.7200 Level as strong bottom seems on weekly 0.6920
Advice buy in range of 0.7010-0.6940 Sl below 0.69 TP1 0.7130 TP2 0.7240