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Currency pair analysis NZD/USD

15.12.2021

Market Review

On the H4 timeframe emerged the false breach of the level with the formation of hammer pattern. There is a bullish divergence on the Awesome Oscillator, and the Stochastic Indicator signals oversold conditions.

NZD/USD rate online: monitor the price movement in real time.

Trading idea:

Buy when the round intermediate level 0.6750 is breached.

Stop Loss – 0.6725.

Target levels – 0.6800; 0.6850.

Author: GC
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