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NZD/CHF BEARISH BIAS RIGHT NOW| SHORT

Short
New Zealand Dollar/Swiss Franc (FX:NZDCHF)  
EliteTradingSignals Updated   
FX:NZDCHF   New Zealand Dollar/Swiss Franc
Trend Analysis Chart Patterns Wave Analysis NZDCHF short SELL trading Bearish Patterns Forex forecast tecnhicalanalysis Contains image
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trendanalysis chartpattern waveanalysis nzdchf short sell trading bearish forex forecast tecnhicalanalysis containsimage
snapshot
Hello,Friends!

NZD/CHF is trending down which is obvious from the red colour of the previous weekly candle. However, the price has locally surged into the overbought territory. Which can be told from its proximity to the BB upper band. Which presents a beautiful trend following opportunity for a short trade from the resistance line above towards the demand level of 0.539.

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Comment:
I stand by my prediction and my idea is confirmed by the fact that the pair is moving towards the target!
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