NZDCHF – Very clear bearish condition

The NZDCHF is trading in a very clear bearish condition, might be the clearest of them all! It traded in a range for a while, but yesterday it broke through the ST support level triggering a bearish market condition:

The next LT support level is around +370 pips away from where it is currently trading.

Trade Safe!

Raul Lopez
Forex Training

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Raul Lopez

I’ve been trading the markets for more than 15 years. I believe the best way to trade is by adapting to the market conditions. You can learn it too, join our community .