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Wednesday, 27 January 2016

NZDCHF Technical Analysis: 27 January 2016, Wednesday, 8.45am Singapore Time

NZDCHF Technical Analysis: 
27 January 2016, Wednesday, 8.45am Singapore Time

Attached above is the daily chart of the NZDCHF.

It is entering the pressure cooker zone from the supply side of the market. 
If it breaks up, it will fly; if it gets resisted (my anticipation), it will resume its long term downtrend.
(Bearish)

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