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NZDCHF at daily support level

Long
New Zealand Dollar/Swiss Franc (FX:NZDCHF)  
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FX:NZDCHF   New Zealand Dollar/Swiss Franc
Support and Resistance Trend Lines Parallel Channel NZDCHF longsetup Forex forexsignal forextrading tradingsignal tradingstrategies Contains image
4
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supportandresistance trendline parallelchannel nzdchf longsetup forex forexsignal forextrading tradingsignal tradingstrategies containsimage
The price encountered a strong support on the daily chart and reached the bottom of the descending trend channel, and then rebounded from there. I expect a bullish movement to the top of the channel. But if the descending trend line fails to break, the downward movement may continue.

Daily support:
snapshot

4H descending channel:
snapshot

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