NZDCHF: A Clear Bullish Wedge Pattern

NZDCHF: A Clear Bullish Wedge Pattern

Today, NZDCHF broke out from a bullish Wedge pattern.

NZD looks strong today and breakout also looks strong.

If all goes well, NZDCHF should rise as shown in the chart.

It remains heavily manipulated because the SNB has been intervening over the past two weeks, making the CHF even stronger for no reason.

Can SNB invalidate this pattern? Yes, it is possible.

However, this time it is likely to rise again. So, let's see.


You may find more details in the chart!
Thank you and Good Luck!

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