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Trading Idea - NZD/CHF, 17-06-2021
Trading Signal: NZDCHF
| Order | Sell |
| Direction | Bearish |
| Pattern | Resistance Test |
| Interval | 1 hour |
| Length (Candles) | 11 |
Idea Summary
Short term NZDCHF forecast is bearish. The technical analysis of the NZDCHF chart in 1-hour timeframe reveals the price is trading with downward bias after falling below the resistance line following a successful breach above the resistance. There is a likelihood the price might reverse and resume climbing to test the resistance again.
Note:
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