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NZD/CHF BEARS ARE GAINING STRENGTH|SHORT

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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!

NZD/CHF pair is in the uptrend because previous week’s candle is green, while the price is obviously rising on the 6H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 0.540 because the pair overbought due to its proximity to the upper BB band and a bearish correction is likely.

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Komentar:
I stand by my prediction and my idea is confirmed by the fact that the pair is moving towards the target!
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