RiosTrades

NZDCHF, EURNZD CORRELATION

Penjualan
FX:NZDCHF   New Zealand Dollar/Swiss Franc
Previously analyzed the Euro/Kiwi, using Price Action we were looking to go Long (Refer to my previous analysis on EURNZD) We have a 95% Negative Correlation to EURNZD therefore we see price express itself like 2 Positive Magnets. Price is moving in an extreme downtrend which isn't hard to analyze with naked forex. I'd be highly interested in finding a high probable entrance into this pair if price decides to pullback into previous structure which can also lead price to rally at an Important Fibonacci Level before continuing short.
Pernyataan Penyangkalan

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