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Trading Idea - NZD/CHF, 16-06-2021
Trading Signal: NZDCHF
| Order | Buy |
| Direction | Bullish |
| Pattern | Resistance Test |
| Interval | 1 hour |
| Length (Candles) | 111 |
Idea Summary
Short term NZDCHF forecast is bullish. The technical analysis of the NZDCHF chart in 1-hour timeframe reveals the price is trading with upward bias after retracing higher following failed test of a resistance line. It is most likely the price will continue trading with bullish bias to test the resistance line. There is a small likelihood the price might reverse and decline again.
Note:
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