CarterKyleCapital

NZDCHF SELL Management

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FOREXCOM:NZDCHF   New Zealand Dollar / Swiss Franc
If you were not able to spot this trade out before it happened don't panic...Market has broken an CTL and it is moving down to .6500 which an area that the BULLS will look to push the price up. The BULLS were able to break the the initial ABCD swing on the 2hr however, there is a 2hr sub D ext at .6320 that you would need to keep and eye on. Long term I think CHF is going to have strength by the end of the week with a catalyst Daily D 1.618 ext .6350.

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Trading FOREX on margin carries a high level of risk, and may not be suitable for everyone. Past performance is not indicative of future results. Carter Kyle Capital will not accept liability for any loss or damage directly or indirectly from reliance of information.

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