14.04.2020
The currency pair is trading in the range of the round important level 0.6100. The ascending patterns of H8 and H4 are truncated. A bearish divergence has formed on Awesome Oscillator, and Stochastic Oscillator signals overboughtness. The correction of the price below the round secondary level of 0.6080 will result in the breaking through the inclined channel of the ascending truncated H4 level pattern.
Trading recommendations:
Sell while the downward pattern is forming strictly below the round background level 0.6080.
Stop loss: 0.6130.
Target levels: 0.5985; 0.5880.
The NZDUSD rate online: monitor the movement of the shares in real time.
Thank you for subscribing to our analytics
You already subscribed
Don't have your language?
