NZD - Strong Bullish 1️⃣ Market sentiment was positive after talks between Chinese Vice Prime Minister Liu He and U.S. Trade Representative Katherine Tai on Saturday, in which China said it had negotiated tariff repeal and sanctions.
CHF - Weak Bearish 1️⃣ The price value on EUR/CHF is currently under SNB monitoring, which could lead to the central bank’s intervention at any time.
===== Technical =====
We are buying the NZDCHF after it retraces to support.
===== Risk to this trade =====
Any change in sentiment could turn the pair's direction.
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