11.09.2020
The overall trend is downward. The currency pair is trading in the range of 365 and 135 moving averages. The ascending pattern is truncated. Awesome Oscillator indicates a bearish divergence, while Stochastic Oscillator signals an overbought condition.
EURNZD rate online: monitor the price movement in real time.
Trading recommendations:
Sell when a descending wave pattern is formed, where the wave (A) breaks through the inclined channel of the ascending truncated pattern.
Stop Loss – 1.7831.
Target: 1.7488.
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