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NZDSGD analysis

09.07.2021

Market Review

NZDSGD

The overall trend is upward (D1). The support level of 0.9374 is holding back sellers. Awesome Oscillator shows a bullish divergence, and Stochastic Oscillator signals oversold conditions.

NZDSGD rate online: monitor the price movement in real time.

Trading idea:

Buy when an ascending wave pattern is formed, where the wave (A) breaks through the inclined channel of the descending pattern.

Stop Loss below the support level of 0.9374.

Target levels:  0.9500; 0.9540.

Author: GC
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