27.03.2020
The overall trend is downward. The currency pair is trading slightly above 365 and 135 moving averages. Stochastic Oscillator signals overboughtness, and Awesome Oscillator has formed a bearish divergence.
Trading recommendations:
Sell while a descending wave pattern is forming, where the wave (as) breaks through the inclined channel of the ascending pattern.
Stop loss for the round secondary level 0.6020.
Target levels: 0.5615; 0.5471.
The NZDUSD rate online: monitor the movement of the pair in real time.
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