NZD/CHF currency pair analysis

The general trend is ascendant (The lower border of the Ichimoku cloud is tested on the timeframe H4). The descendant wave structure is truncated. Awesome Oscillator indicates bullish divergence.

Trading idea:

Buy when the ascendant wave structure forms, where the wave (A) breaches through the inclined channel of the descendant truncated structure.

Stop-loss is under the support level 0.6290.

Target levels: 0.6400; 0.6455.