NEW ZEALAND DOLLAR VS SWISS FRANC
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NZDCHF Will Go Down! Short!

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Take a look at our analysis for NZDCHF.

Time Frame: 4h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish

The market is trading around a solid horizontal structure 0.461.

The above observations make me that the market will inevitably achieve 0.458 level.

P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.

Like and subscribe and comment my ideas if you enjoy them!

交易結束:目標達成
That was an excellent trade and the target was reached too!
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