Remarks:
I spotted this setup on weekly time frame.
NZDCHF quite retraced to higher and now fall is expected..
A support 0.6513 is now at test and Indecisive whether support holds or not.
Technically we may have found LS, Head and Waiting for neckline bounce as support to test back to 0.6562 as RS to fall lower.
We should be looking for short setups as NZD quite weak at the moments all the charts showing signs of strength against NZD. (Selling spreee of NZD)
AUDNZD is the first to notice the weakness of the NZD.
CHF is also quite weak atm. But seems CHF bit stronger vs NZD.
Good Luck
I spotted this setup on weekly time frame.
NZDCHF quite retraced to higher and now fall is expected..
A support 0.6513 is now at test and Indecisive whether support holds or not.
Technically we may have found LS, Head and Waiting for neckline bounce as support to test back to 0.6562 as RS to fall lower.
We should be looking for short setups as NZD quite weak at the moments all the charts showing signs of strength against NZD. (Selling spreee of NZD)
AUDNZD is the first to notice the weakness of the NZD.
CHF is also quite weak atm. But seems CHF bit stronger vs NZD.
Good Luck