NZDCHF - A deeper price correction due soon?

PAIR IN FOCUS: NZDCHF
ACTION: SHORT
HORIZON: SHORT-TERM

Price retraced strongly in the previous week and is now retesting an upward sloping resistance line. Bearish RSI divergence in H4 time frame offers a SHORT opportunity, coupled with bearish price action, a deeper correction may be due soon.

The TP level and Stop Loss are indicated on the chart. Remember to manage your risk!

Feel free to discuss and comment, Cheers!

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