The NZD/CHF is on the move south after a major downside reversal started taking shape about a month and a half ago. On the short-term scale, price-action seems to be finishing up an upside technical correction. This could be that prime timing to take action. We short the pair to the next significant support key-level at 0.5262. We should be watchful about the coming support at 0.5432.
Trade closed: target reached
Hitting primary profit target at 0.5262! Case closed!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.