ForecastCity

Don't miss the great buy opportunity in NZDCAD

Long
FX:NZDCAD   New Zealand Dollar/Canadian Dollar
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.8501). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. NZDCAD 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 77.

Take Profits:
TP1= @ 0.8645
TP2= @ 0.8790
TP3= @ 0.8905

SL= Break below S2
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Comments

nice chart and Analysis
+2 Reply
ForecastCity Best_Forecast
@Best_Forecast, We are so happy you enjoyed it. Thanks for following us.
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Thank you sharing!
+1 Reply
ForecastCity leehughesl65
@leehughesl65, You got it.
Reply
Appreciated your content, in the end we are all students of the market and learning constantly from it
+1 Reply
ForecastCity Forecast_Crypto
@Forecast_Crypto, You're welcome. Yes, That's true.
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