75% Chance for a new BOS by the downside

Technical Analysis

The NZDCHF is moving in a downtrend between the oblique resistance zone and the oblique support zone. I marked my projection and I would like to see a pullback towards the resistance zone before looking for a sell signal.

Probabilities

There is a 75% chance that it create a new BOS by the downside. And 66% chance that the first probability become true

News for this week for NZD

Employment Change q/q
Unemployment Rate
Support and Resistance

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