NZD/CHF
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NZDCHF: Intraday Bearish Pattern

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NZDCHF has good potential for further decline. After a strong bearish wave, the pair was consolidating within a horizontal range on an 4H time frame.

The support of this range was recently broken, signaling the strength of sellers and a likely continuation of bearish momentum.

I believe the pair could soon reach the 0.4621 level. On the 4-hour time frame, I will be monitoring the price action closely.

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