New Zealand Dollar/Swiss Franc

NZDCHF SHORT BIAS

27
We have this recent RUN UP in NZDCHF, after breaking out of the range bound market we have from March through May, we break out of the range bound in late May, we have some run to the upside with a channel we break out and now back into the channel.... I'm looking at price moving down for a possible retest of the range bound resistance zone at 0.6000... Also to be noted is that we've confluence of 61.8 Fibonacci retracement on the 0.6000 zone from the March 16 swing low till the lastest swing high we have on the 4H,DAILY AND WEEKLY CHART... Possibly we have the 0.6000 turn a significant zone of resistance turn support at retest...

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