Chris_JATRADINGUK

Analysis of NZD/CHF - Long

Long
FX:NZDCHF   New Zealand Dollar/Swiss Franc
Going long on this as price has broken out of the 4H Descending Trendline & seems to be finding support to push up higher after retesting & being unable to break back down through the trendline, Will wait for price to break & close above 0.63225 before taking the long position & will target the 0.65000 area.

I am still learning myself so DO NOT take this potential trade as gospel. This is an absolute amateur analysis. Take due dilligence & your own analysis before placing any trades. Please comment/Like if your analysis & thoughts are the same as my own.
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