GBP/CHF Analysis, Chart, and Trading Idea

Analytics for NZD/USD Forex pair, based on complex analysis of modified waves, Fibonacci levels and price channels
 

The trend is ascending. The currency pair is traded in the range between 365 and 135 ЕМА. The downtrend wave structure is truncated. The Stochastic Oscillator signals the oversold state.
 

Trading idea:

Buy at the formation of the upward wave structure;

Stop-loss: under the local minimum of the downtrend structure;

Target price levels: 1.1312, 1.1358.