Hi Traders.
here we have NZDCHF moving withing a chanel.
trendlines have been respected and also the pair is sitting on 1D TF ressistance.
in 1H TF buy tried to push the price up to broke the ressistance area but they didnt succeed and a bearish candle has been formed.
this could indicates that the sellers are taking control, i will wait for market opening to see how the price will react.
here we have NZDCHF moving withing a chanel.
trendlines have been respected and also the pair is sitting on 1D TF ressistance.
in 1H TF buy tried to push the price up to broke the ressistance area but they didnt succeed and a bearish candle has been formed.
this could indicates that the sellers are taking control, i will wait for market opening to see how the price will react.