NZDCHF has been in a slow uptrend for quite some time and we can also call it a correction. If we see the pattern of an hour chart, then NZDCHF is following a big flag pattern in which it has formed two tops, and today third support has also been completed according to the price and is running near the price support.
If we look at the stochastic indicator, it is also showing us the oversold position. Due to both these conferences, we are finding the probability of trade very high.
If you want to trade this pair then place a buy order price at 0.58322 with 30pips stop loss and 60pips take profit.
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