• Vasily Trader

NZDCHF: Precondition to Bearish Continuation (forecast)

Important breakout on NZDCHF .

The price has violated a previous structure low setting a new lower low lower close.

It looks like a long-term bearish trend will resume soon.

To catch the next swing move consider an underlined red resistance cluster,

based on a previous low and resistance of an expanding wedge pattern.

Goal - 0.637