NZDCHF Sell, supported by Higher Timeframes

1 nov 2023

Hi guys, so today I am looking to sell NZDCHF. On bigger picture its already in a downtrend and you can see in the chart, the buyers momentum was very low, they were struggling a lot while going upward, while the seller (denoted by red arrow) came very strong. Seller looks interested; hence, I also want to go with sellers.
Fundamental: - We had some bad news regarding employment change which came early morning from New Zealand