08.04.2020
The overall trend is downward. The ascending H4 level pattern is truncated. The inclined channel of the ascending structure is broken. A bearish divergence has formed on Awesome Oscillator, and Stochastic Oscillator signals overboughtness. A breach of 0.5765 will result in the formation of a descending pattern as part of the overall downtrend.
Trading recommendations:
Sell below 0.5765.
Stop loss: 0.5850.
Target levels: 0.5680; 0.5524.
The NZDCHF rate online: monitor the movement of the pair in real time.
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