NZDCHF HotSpot

This pair is performing a short term reversal.

We matched the 0.618 fibonacci retracement level with the resistance of the descending trendline and retest of the broken ascending trendline

Thanks for your comments and likes, good luck.

Kommentera:

Price has violated the spot easily this morning. We'll keep an eye on it in case there may be a trend reversal attempt a little higher.If red level is violated, we're not bearish anymore.