NZD/CHF: Further upside remains on the cards

NZD/CHF: Further upside remains on the cards

NZDCHF confirmed a contracting triangle pattern.

The price is holding very well.

CHF has been very strong for a long period of time and it needs to correct.

However, the CHF strength is not related to the fact that CHF is a strong currency but is related to the problem that SNB keeps manipulating its strength but intervening in the market.

The pattern is bullish and probably this undervalued price can help NZDCHF rising this time.

Thank you and Good Luck!