Looking at the strength and weakness charts we could anticipate another push lower for this currency pair. NZD remains weak and could continue lower until we see some significant buying opportunities. The non-commercial contracts showed an increase of 42% in longs suggesting we could see some strength re-appear for the Swiss Franc. Technically we can see that price has impulsed lower and formed a bearish consolidation pattern. If we see a breakout we can look to target the range lows.