NZD-CHF Breakout! Swing Long! Buy!

Panjang

New Zealand Dollar/Swiss Franc (FX:NZDCHF)

FX:NZDCHF New Zealand Dollar/Swiss Franc

trendanalysis chartpattern waveanalysis nzdchf newzealanddollar swissfranc forex trading long buy breakout flag

Hello,Traders!
NZD-CHF was trading in a falling channel
That was also a bullish flag pattern
Now, the pair broke out of the channel to the upside
And the breakout is conclusive because the 1D candle closed above the resistance
We are currently seeing a pullback and a retest of the broken level
Below it and till the support below is a strong demand zone
And given that I am convinced the trend has changed
I am expecting a move upwards mid-term
Buy!
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