EliteTradingSignals

NZD/CHF SENDS CLEAR BEARISH SIGNALS|SHORT

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FX:NZDCHF   New Zealand Dollar/Swiss Franc
Hello,Friends!

NZD/CHF pair is in the uptrend because previous week’s candle is green, while the price is evidently rising on the 1D timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 0.533 because the pair overbought due to its proximity to the upper BB band and a bearish correction is likely.

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TP in sight so we are being patient!

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