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NZD/CHF BEARS ARE GAINING STRENGTH|SHORT

Short
New Zealand Dollar/Swiss Franc (FX:NZDCHF)  
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FX:NZDCHF   New Zealand Dollar/Swiss Franc
Trend Analysis Chart Patterns Wave Analysis NZDCHF short SELL trading Bearish Patterns Forex forecast tecnhicalanalysis Contains image
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Hello,Friends!

It makes sense for us to go short on NZD/CHF right now from the resistance line above with the target of 0.540 because of the confluence of the two strong factors which are the general downtrend on the previous 1W candle and the overbought situation on the lower TF determined by it’s proximity to the upper BB band.

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