NZDCHF Completes Bullish Triangle Pattern

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NZDCHF Completes Bullish Triangle Pattern

NZDCHF completed a bullish triangle pattern on the 60-minute time frame. This trade is inherently risky, considering that CHF has been strong for a long time. However, it could work well for a short-term trade.

Additionally, after the better-than-expected GDP data from Switzerland, CHF hasn't reacted so far, increasing the chances for NZD to begin a bullish wave.

I am targeting two short-term levels: 0.5222 and 0.5235.

You may find more details in the chart!
Thank you and Good Luck!

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