NZDCHF SELL.......

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📉 NZD/CHF Trade Idea – Bearish Setup (Daily Chart)
Price is respecting a strong downtrend, forming lower highs and lower lows. Currently approaching a key resistance zone near 0.4850–0.4875, aligned with the descending trendline and 50–61.8% Fibonacci retracement.

🔹 Trade Plan:

Bias: Bearish

Entry Zone: 0.4850–0.4875

Stop Loss: Above 0.4935

Take Profit 1: 0.4700

Take Profit 2: 0.4635

This setup offers a solid risk-to-reward ratio, with confirmation expected on bearish rejection at the pullback zone.

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