NZD - BEARISH
1️⃣ New Zealand Local 10-year bond yields fell from 22-month highs to 1.771%, while US 10-year rates eased slightly from 13-month highs to 1.595%.
CHF - BULLISH
1️⃣ Slow vaccination in Europe could trigger the safe-haven flows.
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Technical
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We are looking to sell the NZDCHF at SBR + below SMA 50 on the H1 chart.
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Risk to this trade
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Any change in sentiment could turn the pair's direction.