NZDCHF has completed a five wave decline and formed a falling wedge pattern at the bottom which is a bullish reversal signal with a clean breakout above the wedge confirming early momentum shift. Price has broken the wedge structure from the lower boundary near 0.47500 and is now gaining strength with higher highs and higher lows forming which indicates bullish continuation targeting the 0.49000 region. New Zealand dollar is finding support as RBNZ maintains a hawkish tone to control inflation while the Swiss franc faces headwinds due to SNB’s recent rate cut and dovish guidance. As long as price sustains above the breakout zone and holds recent lows the probability of a bullish continuation remains strong and short term retracements can offer buying opportunities within this impulsive structure.