The NZD/CHF exchange rate is in a particularly interesting technical phase after the strong bullish expansion of recent weeks. Hello, I'm Andrea Russo, an independent Forex trader and prop trader with $200,000 in capital under management. Thank you in advance for your time.
The market has begun to show signs of structural weakness, with a sequence of lower highs and gradually declining volumes, while institutional flow suggests profit-taking at the top of the range.
The 4-hour chart shows a clear break of the short-term ascending trendline, accompanied by a loss of momentum in commodity currencies. The Swiss franc, on the other hand, is showing increasing relative strength, supported by defensive flows and gradually increasing volatility.
The current area represents a key point: the price is testing the volume equilibrium zone, where buy orders had accumulated in the past. A close below this level would open the door to a deeper bearish extension, while any bullish reactions at this range would be considered simple technical pullbacks until the market structure shows a true change in direction.
Momentum indicators confirm increasing bearish pressure, with negative divergences already active and cyclicality favorable to a further downturn.
On the intermarket level, the franc tends to benefit from the current risk-averse environment, while the New Zealand dollar remains exposed to more fragile sentiment linked to the agricultural sector and Asian demand dynamics.
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✅ Precise TAKE PROFIT
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📖 NEW BOOK - Avaiable on Amazon
Title: The Institutional Code of Forex
🌐 My Website: andrearussoforextrader.com
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If you’re looking for:
✅ Precise TAKE PROFIT
✅ Precise STOP LOSS
🚀 Join Telegram Channel: t.me/swipeuptrading
📖 NEW BOOK - Avaiable on Amazon
Title: The Institutional Code of Forex
🌐 My Website: andrearussoforextrader.com
✅ Precise TAKE PROFIT
✅ Precise STOP LOSS
🚀 Join Telegram Channel: t.me/swipeuptrading
📖 NEW BOOK - Avaiable on Amazon
Title: The Institutional Code of Forex
🌐 My Website: andrearussoforextrader.com
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.
