NZDCHF potential for short reversal | 5th Nov

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Price is trading in a descending trend line and is near the buy entry price of 0.64460 which is 78.6% Fibonacci projection and 78.6% Fibonacci retracement . Price potentially go the take profit level of 0.65392 which is also 50% Fibonacci retracement and 1.61.8% Fibonacci projection . Our bullish bias is supported by stochastic indicator as price is trading on support.

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