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05.06.202306:58 Forex Analysis & Reviews: Technical Analysis of Daily Price Movement of NZD/CHF Cross Currency Pairs, Monday June 05,2023.

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With the Moving Average condition of "Death Cross" on the daily chart of the NZD/CHF Cross currency pair and the price movement moving within its weekly channel, it is clear that the bias of this currency pair is in Bearish condition even so with the appearance of hidden deviations from the osMA indicator with movements the price implies that in a few days there will be an upward correction to test the 0.5574 level to get the downside momentum back. As long as this level is strong enough to halt the upward correction and as long as it doesn't break above the 0.5634 level then NZD/CHF will continue its decline.

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