EliteTradingSignals

NZD/CHF BEARISH BIAS RIGHT NOW| SHORT

Short
FX:NZDCHF   New Zealand Dollar/Swiss Franc
Hello,Friends!

We are going short on the NZD/CHF with the target of 0.538 level, because the pair is overbought and will soon hit the resistance line above. We deduced the overbought condition from the price being near to the upper BB band.However, we should use low risk here because the 1W TF is green and gives us a counter-signal.

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