NZDCHF Short on break

29 באוק׳ 2013

I like NZDCHF to go short here. The pair has been ranging for quite a while and now it seems it has formed an IB at a good spot. I think that if it falls from here we could see some serious free fall action down to target 1. This could go either way though and if price breaks above the IB i would remove my short order.