NZDCHF - Bullish Bias

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NZD - BULLISH
1️⃣ The risk-on mood benefitted the NZD.

CHF - BEARISH
1️⃣ Stronger-than-expected US jobs data and the pandemic relief bill boosted prospects of the US economic recovery.
2️⃣ Expectations of a robust economic revival fueled by the rapid rollout of vaccines and additional fiscal spending raised investors’ appetite for riskier assets.
3️⃣ Positive risk tone weighing on the safe-haven CHF.

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Technical
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We are looking to buy the NZDCHF on the support + above SMA 50 on the H1 chart.

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Risk to this trade
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Any change in sentiment could turn the pair's direction.
交易开始
PENDING ORDER TRIGGERED
交易结束:到达止损
✅ TRADE HAS HIT BREAKEVEN

+2 PIPS
Fundamental AnalysisNZDCHFnzdchflongTrend Analysis

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