NZD/CHF looks set to climb higher from the Crab pattern [Video]

Ian Coleman FXStreet

In this video we look at correlation. All NZD crosses suggest a move higher for the Kiwi while CHF crosses suggest that the safe haven CHF is due a move lower.

With a completed Crab pattern folding into other timeframes and a risk against reward factor of 9/1, I have gone long.

It should be noted that this would suggest a risk on approach again for Indices.

Author

Ian Coleman

FXStreet

Ian started his financial career at the age of 18 working as a Junior Swiss Broker at Godsell Astley and Pearce (London). He quickly moved through the ranks and was Desk Manager at RP Martins at the age of 29.

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