NZD/CHF about to sell off HARD and FAST

1 ก.ค. 2023

A test of all time lows for NZD/CHF seems imminent. Looking for a move down to .50 over the next 6 months to test the bottom of this long term descending wedge pattern (see pic below in link). Once it tests .50 it might be prudent to start thinking about a long term bullish breakout of the descending wedge pattern. In the meantime i suspect this move down to .50 will be fast and volatile

Long term descending wedge pattern -