ForecastCity

💡 Don't miss the great buy opportunity in AUDNZD

Long
FX:AUDNZD   Australian Dollar / New Zealand Dollar
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.0515). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. AUDNZD is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 56.

Take Profits:
TP1= @ 1.0660
TP2= @ 1.0760
TP3= @ 1.0815
TP4= @ 1.0890
TP5= @ 1.1045
TP6= @ 1.1455

SL= Break below S2

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Comments

It's helpful. Cheers 👍
+2 Reply
ForecastCity Kristalyn
@Kristalyn, Cheers 👍
Reply
Nice setup!
+2 Reply
ForecastCity carefulOwl22772
@carefulOwl22772, Thank you
+1 Reply
Thanks for sharing.
+2 Reply
ForecastCity DenizKilicDeniz
You're welcome @DenizKilicDeniz, Thanks for your constant support
+2 Reply
It's on my radar. 👍
+1 Reply
ForecastCity Josef_anderson
@Josef_anderson, We hope you get the most out of it.
Reply
Nice mentioning the two scenarios.
+1 Reply
@Kamryn, Thank you for your comment. We appreciate it
Reply
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