NZDCHF One More Up Move Is Possible

٣ نوفمبر ٢٠٢١

Hi traders

Similar across the NZD pairs, NZDCHF is also showing good signs of bullish price action.

We can see price has already completed a higher time frame continuation correction.

Price indeed push higher, and formed a smaller, lower time frame correction as well

Latest development shows yet another impulse phase on the LTF, follow by another consolidation.

This is good indication for another move up, just have to wait for the current consolidation to finish,
and watch for the next impulse phase to push the price to previous highs.

Thank you