The EUR/NZ D1 chart price has touched the lower part of the ascending channel and has the potential to move higher. At present, it can be seen that the SAR indicator shows that the price has been unable to continue to push the price down. The RVI indicator has also formed a golden cross and is breaking towards the 0 axis.
The H1 chart price is currently above a key resistance level and a morning star pattern has emerged. ADX indicator +DI and -DI formed a golden cross. The decline may be coming to an end.
All transactions involve risks, the above analysis is for reference only. When placing an order, be sure to set the lot size and remember to set the stop loss.
