25.03.2020
The overall trend is downward. The currency pair is trading in the range of 365 and 135 moving averages. A bearish divergence has formed on Awesome Oscillator, and Stochastic Oscillator signals overboughtness. The upward H1 level pattern is currently truncated.
Trading recommendations:
Sell while the descending pattern is forming, where the wave (AC) breaks through the inclined channel of the ascending truncated H1 level pattern.
Stop loss for the local maximum (0.5795).
Target levels: 0.5524; 0.5310.
NZDCHF rate online: monitor the movement of the pair in real time.
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