ForecastCity

💡 Don't miss the great buy opportunity in EURNZD

Long
FX:EURNZD   Euro / New Zealand Dollar
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.7224). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. EURNZD 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 62.

Take Profits:
TP1= @ 1.7365
TP2= @ 1.7520
TP3= @ 1.7610
TP4= @ 1.7770
TP5= @ 1.8020

SL= Break below S2

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Comments

Thanks a million.
+3 Reply
@ukojones, You're welcome. We're glad you like it.
Reply
Nice & detailed analysis, Thanks for sharing. Thumbs up 👍
+3 Reply
ForecastCity davidgolandak
@davidgolandak,
You're very welcome!
+2 Reply
ForecastCity davidgolandak
@davidgolandak, Thank you for your comment. We appreciate it
and wish you the best of luck.
+1 Reply
Nice work
+1 Reply
THX FOR YOUR TIME AND ANALYSIS
+1 Reply
ForecastCity Pro_Trader_007
@Pro_Trader_007, You're welcome.
Reply
Excellent charting 👌
+1 Reply
ForecastCity Josef_anderson
@Josef_anderson, Thanks 👍
Reply