NZDCHF Possible Buy
Looking at NZDCHF for the week, I see the possibility of it going long, I expect a pullback to the trendline or POC area 0.55660 before going long, knowing that more positions were pulled out on short on the NZD compared to the long, Also there is more weight CHF compared to the NZD, again the volatility for Nzdchf is low compared to the previous week. Therefore, my overall bias for this pair is long but might not move much.
Wait for a proper price action before going long as the price may likely go down for a stop hunt.
Also, let me know your take on the comment session about this pair. thank
Wait for a proper price action before going long as the price may likely go down for a stop hunt.
Also, let me know your take on the comment session about this pair. thank
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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.