NZDCHF | CONSOLIDATION BREAKOUT
NZDCHF has been trading in a bullish parallel channel and the recent price is consolidating in a box as highlighed on the chart. We are expecting a breakout above the horizontal level.
Alternatively, if price breaks below then bears will be active and push the price to bottom of the parallel channel.
Alternatively, if price breaks below then bears will be active and push the price to bottom of the parallel channel.
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