Analytics and NZDUSD forecast based on the circular level, price channels and altered wave analysis.
8/26/2019 NZDUSD Technical Forecast
Timeframe H4 NZDUSD pair formed a reversal pattern "Hammer" with a false break of support level 0.6355. On MACD indicator formed Bull divergence and Stochastic indicator Oscillatorpokazyvaet pereprodannosti exit zone.
Trade Idea traders NZDUSD:
Above the mirror Buy NZDUSD 0.6395 level.
Stop Loss below the figure of "The Hammer" - 0.6340.
Target levels - 0.6470; 0.6558
Author: Eugene Boguraev Grand Capital
Analytical reviews and comments reflect the personal opinion of the authors and are not a recommendation to trade. Special Forex shall not be liable for any damages in case of a vision materials.