NZDUSD Analytics based on the circular level, price channels and altered wave analysis.
08/01/2020 Technology Forecast NZDUSD
The general trend in the pair upward NZDUSD. Round background level of 0.6620 hinders sellers of New Zealand currency. Formed truncated H1 level construction. Just weak downward movement confirmed the bullish divergence on the indicator Awesome Oscillator and oversold on the indicator Stochastic Oscillator. The breaking of the round intermediate level 0.6650 give formation uplink structure.
NZDUSD recommendation today:
Buy NZDUSD above 0.6651.
Stop Loss - 0.6612.
Target levels - 0.6680 (all minor); 0.6750 (round intermediate level for Pro + Trap).
Analytics Grand Capital
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