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ThinkingAntsOk

Two Possible Short Scenarios on NZD/CHF by ThinkingAntsOk

Short
New Zealand Dollar/Swiss Franc (FX:NZDCHF)  
ThinkingAntsOk  
FX:NZDCHF   New Zealand Dollar/Swiss Franc
Trend Analysis Support and Resistance Multiple Time Frame Analysis
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trendanalysis supportandresistance mtfa
Daily Timeframe Explanation:


On Daily Timeframe we observe that price has broke every Support Zone on the way, so our main vision is Bearish. There are two possible scenarios for this pair: The first case is a pullback to the Resistance Zone (broken support zone) and then a continuation of the bearish move, or, the other option, is a pullback to the Broken Trendline.


-Weekly Timeframe:

snapshot
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