NZD/CHF
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NZDCHF: Confirmed Descending channel (bearish)

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  • NZDCHF is currently testing a 4 hr resistance of a descending channel
  • also retesting previously broken of an inner immediate/short term trend support level, which is now likely acting as resistance following the breakout.
  • price rejecting the golden fib level
  • I anticipate that the price will soon decline


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