NZD/CHF Trading Analysis (05/09/2024)
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.
Trading idea:
- Buy at the breach of 0.5252.
- Stop-loss at 0.5228.
- Price targets at 0.5275 and 0.53170.
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