
The New Zealand franc pair rose during today's trading on Monday with the beginning of the week trading in light of the scarcity of economic data today from New Zealand and Switzerland.
Technically:- the new franc pair is trying to complete the ascent to complete the harmonic BAT model on the four-hour frame, targeting the levels of 0.5520/35, at which point it is possible to think about selling the pair with the goals of returning again to the uptrend levels as the initial target, and then the levels of 0.5450 as the second target.
This scenario fails if the 0.5560 levels break higher.