NZDCHF Short Term Downtrend

91
Several factors pointing to a drop on NZDCHF from current levels:

- RSI divergence on the recent high
- NO RSI divergence on the recent low
- Blue resistance zone
- Mid-channel resistance zone

Expecting first a test of the bottom trendline, and possibly a breakout to the downside.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.