GBPNZD analysis 28.08.2020
The overall trend is upward. A bullish divergence has formed on Awesome Oscillator, and Stochastic Oscillator indicates an oversold condition.
GBPNZD rate online: monitor the price movement in real time.
Trading recommendations:
Buy after an ascending wave pattern is formed, where the wave (aC) breaks through the inclined channel of the descending H2 level pattern, completing it.
Stop Loss under the local minimum: 1.9826.
Target levels: 2.0116; 2.0266.
