EliteTradingSignals

NZD/CHF BEARS ARE GAINING STRENGTH|SHORT

Short
FX:NZDCHF   New Zealand Dollar/Swiss Franc
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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Comment:
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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