The Nzd/Chf pair is expected to reach the bottom of the ARABF. Resistance at the 200sma may bring a short term trade. Notice a brake of the 200sma SurpriseBox using the 15min chart (second graph below). I expect it to travel to the bottom of yesturday's move.
Disclaimer: I trade the patterns depicted either at the entry point stated (e.g. trading channel, breakouts) or afterward. Although my trades are based on technical analysis, trading forex is a risky activity and may produce significant monetary loss. I only post public the trades that I am considering to make, or made and the rational for them. Not intended necessarily as trading recommendations. By SurpriseTrade@gmail.com
