AdetuRidwan

NZD/CHF: A Potential Bounce Back

Corto
OANDA:NZDCHF   NZD/CHF
Swiss France is appearing to go on a short sell from bouncing back on the resistance line at 0.66400. However, sellers are also to take their turn in the market but are aware as to how strong they can be. With sellers breaking through support area 0.66245, we are most likely to have a continuous bearish run and a potential bounce back on the existing support area at 0.66001. Remember, risk management and trailing stop loss.

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