Mid-term review of exchange rates on 28.02.2020

Hello. Below are a few recommendations for trading in the Forex market on 28.02.2020


On AUDUSD price formed a pattern inside bar. Any support from a pattern I found, and I think the upward movement is just corrective. To expect continuation of falling prices and continue to hold the sale. And the preponderance of buyers in the statistics of transactions will help us continue to fall.


On a pair NZDUSD pattern has failed, but clearly the price rebounded from the level of 0,63333. The preponderance of buyers are just as significant. And it’s time to look for sales within the day, with the objectives 0,62065 and below.

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