NZDCHF Analysis: Looking to buy from the below demand zone between 61 and 78 Fibonacci level.
Trend: Trend Reversal on break of last lower High in NZDCHF.
Trade Idea:NZDCHF was retracing downward from 1st September. it was in a clear bearish trend due to four consecutive lower lows. Recently due to a massive upward move and break of last lower high, trend has been reversed. Now we will look for a bullish entry instead of bearish.
Trend: Trend Reversal on break of last lower High in NZDCHF.
Trade Idea:NZDCHF was retracing downward from 1st September. it was in a clear bearish trend due to four consecutive lower lows. Recently due to a massive upward move and break of last lower high, trend has been reversed. Now we will look for a bullish entry instead of bearish.
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