Home About the company Daily reviews EURNZD analysis 25.02.2020

EURNZD analysis 25.02.2020

25.02.2020

Market Review

The resistance level of 1.7150 is holding back buyers. A bearish divergence has formed on Awesome Oscillator. Breaking through the round secondary level of 1.7080 will result in the formation of a descending wave pattern and exit the zone of the round important level of 1.7100.

Trading recommendations:

Sell below 1.7080.

Stop Loss: 1.7150.

Target levels: 1.7020; 1.6980.

If the price returns to the round intermediate level of 1.7150, cancel the trading plan.

Author: admin
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