years on the market

NZDJPY analysis 16.09.2020


The ascending H2 level pattern is truncated. Awesome Oscillator indicates a bearish divergence. The inclined channel protecting the pattern is broken by the assumed wave (aC H1). A breakout of the top (C) will result in the formation of a descending wave pattern.

NZDJPY rate online: monitor the price movement in real time.

Trading recommendations:

Sell below 70.56.

Stop Loss: 71.22.

Target levels: 70.00; 69.08.

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