There is currently a large bull flag forming in NZDCHF.
It is also in the top of a rising wedge right now, so we should be seeing a correction down to our bottom trend line in our channel.
We should hold the support and then try and break out of bull flag.
we should get rejected right now but a breakout is possible now as well but i believe we will have one more leg down.
bullflagsChart PatternsNZDCHFnzdchfshortshortTrend Analysis

Penafian