remelthomas

NZDCHF 4HOUR LONG

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FX:NZDCHF   New Zealand Dollar/Swiss Franc
NZD GAINING MORE STRENGTH IN THESE LAST COUPLE OF WEEKS WHILE CHF IS COMPLETELY THE OPPOSITE. SNB (SWISS NATIONAL BANK) STATED THAT CHF IS OVERVALUED SO IF CHF DOES SOMEHOW GAIN STRENGTH THEN THE SNB WILL INTERVENE AND SELL THEIR OWN CURRENCY. NZDCHF IS IN A NICE UPTREND MAKE HIGHGER HIGHS AND HIGHER LOWS. WE HAD A RETEST OF THAT SMALL RESISTANCE TURNED SUPPORT LEVEL. FALLING WEDGE IS NOW FORMING. LOOKING TO TARGET 0.75000 IN THE COMING DAYS

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