Potential Short for NZD/CHF

Technically we have a strong bearish trend on the NZD against the CHF. This level highlighted in green is critical if it broke which is more likely than not. Entering a short position on a retest is a good trade.

Fundamentally NZD is bearish as their GDP contracted from 2.4% to -3.7% so it's more likely that they want to maintain loose monetary policy to boost their GDP