The RSI is low and the MACD indicates a bearish move
This combination makes it likely that the trendline on the weekly chart
may be broken to the downside:
Nzd/Chf weekly chart
On the daily chart we see how this may happen
and we can show you a target area:
Nzd/Chf daily chart
The daily bearish trendline is holding the price below it and will push it below the weekly bullish trendline
the RSI is low an…