01.06.2020
The 1.9770 support level is holding back sellers. Probably an ascending wave M30 level pattern is formed, where the B wave has a truncated under the wave C (the descending M15 level pattern).
Trading recommendations:
Buy when an ascending pattern is formed, where the wave (as) breaks through the inclined channel of the descending truncated M15 level pattern, completing it.
Stop loss below the support level of 1.9770.
Target levels: 1.9931; 1.9985; 2.0020.
The GBPNZD rate online: monitor the movement of the pair in real time.
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