NEW ZEALAND DOLLAR VS SWISS FRANC
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NZDCHF Bearish Setup: ABCDE Pattern Completed

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NZDCHF Bearish Setup: ABCDE Pattern Completed

NZDCHF has completed an ABCDE pattern and is showing signs of a potential bearish movement.

The pair may decline further from the current market price, or it could make a brief correction before moving downward, as indicated on the chart.

The previous bullish momentum was weak, suggesting that the upcoming bearish move could unfold more quickly.

📍 Key Reversal Zones:
The price may react around these levels: 0.4945, 0.4930, and 0.4915.


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

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Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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