NZD/CHF

NZDCHF - Breakout Imminent

33
A little thought on minor - Kiwi Swissy

The pair has now seen to be recovering from the massive sell-off from the March panic sell off with RISK OFF mode ongoing thus the rush for demand for safe-heaven Franc.

The pair had now seen been trading in a low volatility consolidating pattern - indicating a breakout might be imminent; and expected the trend will last quite awhile.

#no range will last forever

Entry with BUY/SELL STOP order suggested 1 ATR above the range high (yellow line); avoiding being false entry with daily price fluctuation.

ride the breakout & follow the trend !

Aviso legal

As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.