JustTradeSignals

NZDCHF | CONSOLIDATION BREAKOUT

OANDA:NZDCHF   NZD/CHF
NZDCHF has been trading in a bullish parallel channel and the recent price is consolidating in a box as highlighed on the chart. We are expecting a breakout above the horizontal level.

Alternatively, if price breaks below then bears will be active and push the price to bottom of the parallel channel.

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