Analytics EURNZD based on round levels, price channels and altered wave analysis.
07/01/2020 technical forecast recommendation EURNZD
The general trend in the pair EURNZD downward. It has formed a rising truncated design. The mirror constrains the level of 1.6816 buyers. Just about the weakness of buyers said Awesome Oscillator indicator, which has formed a bearish divergence and moving the indicator Stochastic Oscillator downward direction from the overbought area.
Recommendations for traders EURNZD trade today:
Strictly EURNZD sell pair on the downlink forming structure where the wave (A) inclined channel penetrates the uplink structure, completing it.
Stop Loss for the local maximum (1.6816).
Target levels - 1.6700; 1.6626.
Analytics Grand Capital
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