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NZD/CHF Trading Analysis (05/09/2024)

05.09.2024

Market Review

The trend is ascending. The currency pair is trading in the range between 365 and 135 ЕМА. The descending truncated wave structures are finished. There is a bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals an oversold condition.

NZD/CHF price chart

Trading idea:

  • Buy at the breach of 0.5252.
  • Stop-loss at 0.5228.
  • Price targets at 0.5275 and 0.53170.    


#nzdchf #forex #forextrading #tradersroom #daytradingpatterns #forexexpertadvisor       

Penulis: GC
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