MandieFX

NZDCHF - How long go to long??!

OANDA:NZDCHF   NZD/CHF

NZDCHF - Daily Time Frame

Continuing in a downwards trend, market closed at 0.64217 -1.08%

Price is potentially still heading down to the area of 0.63200 with a further decline to the area of -23% on fib level.

This should give a nice rally up to 0.69000 or even longer 0.71000


* This profile is for educational purposes ONLY!

* The trade idea given is my own perspective of the Forex market and by no means require action!

* Trading involves risk, past profits do not guarantee future results, so never risk what you are not willing to lose!

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