Sunday, August 19, 2012

NZD/CHF

The pair is on a decline following uptrend break, it is now in a declining channel and currently challenging its support @ 0.7835 which gives us  a triangle setup.

Failure to break support and TL resistance breakout can send the pair back to 0.7950

If support doesn't hold, bearish decline may accelerate towards 0.7750

NZDCHF - 4H 


NZDCHF - Daily

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