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 the suggested support line (.086473).
. 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 an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 61 .

Take Profits:
TP1= @ 0.86818
TP2= @ 0.87144
TP3= @ 0.87396
TP4= @ 0.87679
TP5= @ 0.87976

SL= Break below S2

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Comments

Good job!
+1 Reply
ForecastCity sofi_Morphy
@sofi_Morphy, Thank you
Reply
Very nice chart.
Reply
ForecastCity Mesutkashmar
@Mesutkashmar, Thank you! we appreciate your feedback
Reply