NZD/USD Currency Pair Analysis for September 4,
Currency pair analysis based on modified wave analysis, Fibonacci levels, and price channels.
04.09.2026.
NZDUSD
The trend is downward. The currency pair is trading within the 365 and 135 EMA range. The Awesome Oscillator shows a bearish divergence, and the Stochastic Oscillator signals overbought conditions. The ascending wave pattern is truncated.
Trading idea:
Sell on the formation of a descending wave pattern, where wave (A) breaks the sloping channel of the ascending truncated pattern.
Stop Loss beyond the local high of the ascending truncated pattern.
Target levels: 0.5860; 0.5827.