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New Zealand Dollar/Swiss Franc
Short

NZDCHF ASCENDING TREND LINE BREAK OUT

By victor6
Updated
break below ascending trend line. Waiting for a strong close below 0.58 to take sell entry. Two take profits are set for this trade as price may retrace after hitting tp 1. Fundamentally the CHF appears stronger than the NZD as the markets move towards purchasing safe haven assets in light of covid-19 realities sinking in.
Note
snapshot
Daily chart view.
Chart PatternsForexforextradingTrend Analysis
victor6

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