EURNZD
The currency pair is trading in the range of the lower limit of a flat range. The descending H4 level pattern and the descending H1 level pattern are currently truncated. Probably a reversal wave pattern is formed. A bullish divergence has formed on Awesome Oscillator, and Stochastic Oscillator signals an oversold condition.
EURNZD rate online: monitor the price movement in real time.
Trading idea:
Buy when an ascending wave pattern is formed, where the wave (A) breaks through the inclined channel of the descending truncated H1 level pattern.
Stop loss under the round secondary level of 1.7080.
Target levels: 1.7215; 1.7345.