amanpaulbhogal

High test close on NZD/CHF

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FX:NZDCHF   New Zealand Dollar/Swiss Franc
Price action is trending downwards establishing consecutive lower lows and lower highs. A bearish high test rejecting the 0.7490 level, the 50% retracement and closing under the 38.2% Fibonacci level symbolises a continuation setup short potentially into 0.7190.

entry - below high test
stop loss - above high test
target - support area at ~0.7190

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