QSInvestments

NZDCHS SELL

Short
OANDA:NZDCHF   NZD/CHF
My apologies for the lateness. I was switching browsers and something went wrong.

I was wrong on the last post in regard to position but I still believe it is bearish. This time with a reevaluated position, I still see the price heading in the same bearish direction, maybe even to the original target I predicted for the last one I published. Also, the overbought RSI supports my prediction. The Support Zone is the only thing standing in the way. If it bounces off of the Support Zone with a bullish engulfing, chances are it will stop out and reverse in trend.

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