Home About the company Daily reviews EURNZD Analysis 22.10.2019

EURNZD Analysis 22.10.2019

22.10.2019

Market Review

The currency pair is in the flat range of its lower border. Stochastic Oscillator indicator signals oversoldness. Completion of the downward pattern by breaking through the inclined channel will provide an opportunity for growth within the horizontal price channel.

Trading recommendations:

Buy while an ascending pattern 123 is forming strictly after breaking through the inclined channel of the descending pattern.

Stop loss under the support level 1.7328.

Author: admin
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