years on the market

EURNZD analysis 22.05.2020


The support level 1.7847 is holding back sellers. A descending truncated pattern was formed. A bullish divergence has formed on Awesome Oscillator.

Trading recommendations:

Buy when an ascending wave pattern is formed, where wave A breaks through the inclined channel of a descending truncated pattern.

Stop loss: 1.7847.

Target levels: 1.8074; 1.8250.

The EURNZD rate online: monitor the movement of the pair in real time.

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