NZD/CHF is currently rejecting the previous high, but is still above the trendline support. If this pair will manage to break out of the trend we can expect it to create the move lower to around 0.63050 area of support. As soon as we get the break we will be monitoring this pair at 0.63650 area and wait for the market to satisfy all our rules before taking the entry with good risk to reward.
Trade closed: target reached