EUR/NZD Trading Analysis (04/07/2023)
The trend is ascending. The currency pair is traded in the range between 50 and 22 ЕМА on the D1 timeframe. The multi-candle pattern 'Triple Bottom' has formed. There is bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals the oversold state.
Buy at the breach of 1.7752.
Stop-Loss: 1.7699.
Target price levels: 1.7810, 1.7900.
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