NZDCHF: Bearish Wedge Pattern in Play

לפני 7 ימים

NZDCHF: Bearish Wedge Pattern in Play

The NZDCHF pair completed a bearish wedge pattern, confirmed on Friday evening. The price is currently retesting the pattern, increasing the likelihood of NZDCHF continuing its downward movement.

A short-term target is set at 0.5147, corresponding to the previous low. Should the price move below this level, it is likely to test 0.5138 and 0.5110.

While there are some risks due to SNB speculations, given the Swiss National Bank's consistent support of the CHF whenever it loses value, the CHF could push the pair further down.

You may find more details in the chart!
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לפני 7 ימים

עסקה פעילה

NZDCHF - target reached and it should move down more

לפני 5 ימים

עסקה סגורה: היעד הושג