24.01.2022
NZD index is traded along the support level of 67.10. The currency pair NZD/USD shows the descendant truncated wave structure of the H1 level testing the support level of 0.6701. Awesome Oscillator indicates bullish divergence, and Stochastic Oscillator shows oversold conditions.
Trade idea:
Buy on breaching 0.6728.
Stop loss below the support level of 0.6701.
Target levels: 0.6758; 0.6805; 0.6880.
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