The NZD/CHF has formed a rising wedge in confluence of a bearish divergence, with historical rejections from +1/8 octave. Bearish divergence happens when price makes a lower high while the oscillator makes a higher high.
POC zone is 0.6545-55 [W H5, +1/8, D H3]. Should we see a bearish rejection from this zone, targets will be 0.6493 [D L3, 6/8, W H4, ATR P Low] and 0.6465 [D L4, 4/8], eventually reaching 0.6424 [D L5, 1/8, Previous Swing Low, Weekly Open].
Continuation of the bullish move happens if price closes above 0.6575 ATR P High. We look to cease trading of this pair should that happen. When price closes above W L5, there is not enough confluence to justify any further trades.