mrAT_Trader

NZDCHF : Long Trade , 1h

Long
FX:NZDCHF   New Zealand Dollar/Swiss Franc
Hello traders, we want to check the NZDCHF chart in the 1-hour time frame. After a downward trend, the price has reached the support area of 0.58000 and 0.58200, the area that the price has reacted to several times before, then the price succeeded. The downtrend line breaks up and is back with the zone once again. Considering that the price is at a support level and also managed to break the downward trend line, there is a high possibility that the price can make an upward movement towards the targets of 0.58800 and then 0.59300. Good luck.

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