NZD/CHF Rejects 0.63 handle, turns lower.
The NZD/CHF rejected the 0.63 handle and turned lower. As of this writing, the NZD lost the 0.62 handle and is in the process of losing the 0.61 handle.
I'm looking for a minimum test of the 0.60 handle, where you can see clear resistance before price finally managed to close above. This serves as my first profit target on a short position.
If we get below the 0.6 handle convincingly, I'd be interested in layering on another short on a retest.
I'm looking for a minimum test of the 0.60 handle, where you can see clear resistance before price finally managed to close above. This serves as my first profit target on a short position.
If we get below the 0.6 handle convincingly, I'd be interested in layering on another short on a retest.
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