I’m looking for short opportunities on the NZDCHF, and here is why

When the market breaks an important level, what is it likely to do?

I’d say it will continue in the breakout direction, until it reaches the next important level… do you agree with me?

Ok, so here is what the NZDCHF is doing on the long term charts:

From the way I see it, it is likely to continue its way down until it reaches 0.7172

Just wanted your opinion about this… What’s your take?

Cheers,

Raul Lopez
Forex Course

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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 .