Technical analysis of NZD/CHF
EUR/USD: price reached the lower 'Window'
Bears reached the lower 'Window', but there's still no any reversal pattern so far. So, after a short break, the market is likely going to continue declining until any bullish model arrives.
The last 'Shooting Star' led to form a new local low. It's likely that the market is going to test the upper 'Window' in the short term, which could be a departure point for another decline.
If we see a pullback from the lower 'Window', the pair is likely going to test the nearest Moving Averages...
Bearish Ichimoku Cloud with falling Senkou Span A and rising Senkou Span B; a dead cross of Tenkan-sen and Kijun-sen with falling lines.
The picture on W1 looks very much like the “Head and Shoulders” with the neckline at 3.68 or 3.56.