NZDCHF: Descending resistance lines

Seeing this pair reject from either the current local resistance boundary or if not the longer term descending trendline.

I'm expecting NZD weakness in the coming week so monitoring LTF's carefully.

I believe we'll be dropping down from either 0.538 or 0.543, a break above this latter number could signify reversal.

تعليق:

Continuation down for this pair, think we'll see 0.52, shame I didn't take the trade!!