ThinkingAntsOk

A View inside the correction on NZDCHF

FX:NZDCHF   New Zealand Dollar/Swiss Franc
Main items we can see on the chart:

a) The major context for the price is the Weekly descending trendline

b) We can see that the price couldn't break the support resistance zone and a correction began

c) Currently, we can see a macro corrective structure

d) Inside that structure, we can see that the price is about to reach the lower zone of the channel

e) Our expectation is to observe a reversal movement on that zone

f) After that, we should see a bullish movement towards the highest trendline of the macrostructure

Feragatname

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