NZDCHF: Bullish Wave Still Developing

NZDCHF: Bullish Wave Still Developing

From our previous analysis, NZDCHF completed a bullish triangle pattern, and the price has already reached the first target. NZD has shown strength lately and continues to advance.

Additionally, the SNB rate decision is expected to cut rates again this month by nearly 20 to 25 basis points. It appears that the market is already anticipating this rate cut, pushing the price further.

More details can be found on the chart.

You may find more details in the chart!
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