While higher timeframe suggests supply is still in control and a downtrend continuation seems more likely, i'm not all for that especially since the current DZ in D1 is still holding strong even though major support is broken.
I'm in favour of NZDCHF going higher, at least a 100 pip run to the next SZ as shown. Tomorrow's major news for NZD might just be the catalyst to push it in my favoured direction.
As usual, do your own due diligence and await for confirmation before entry.
I'm in favour of NZDCHF going higher, at least a 100 pip run to the next SZ as shown. Tomorrow's major news for NZD might just be the catalyst to push it in my favoured direction.
As usual, do your own due diligence and await for confirmation before entry.
Order avbruten:
No confirmation in DZ. Looking into GBPNZD as alternative.