NZDCHF at a Resistance level, where price is struggling to break above, selling at current market price and waiting for price to touch our trend line for a pull back and give us nice entry for price to drop so nice.........The New Zealand Dollar and the Swiss France cross is a currency that offers an alternative risk play.
The New Zealand Dollar is known as a risk-correlated currency because of the mix of high interest rates and exposure to global economic performance. The Swiss Franc is known as a safe haven currency because liquidity tends to move away from the Euro-zone and into Switzerland during times of economic uncertainty.
The New Zealand Dollar is known as a risk-correlated currency because of the mix of high interest rates and exposure to global economic performance. The Swiss Franc is known as a safe haven currency because liquidity tends to move away from the Euro-zone and into Switzerland during times of economic uncertainty.