ForecastCity

💡 Don't miss the great sell opportunity in NZDCHF

Short
FX:NZDCHF   New Zealand Dollar/Swiss Franc
Trading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (0.6367). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. NZDCHF is in a range bound and the beginning of downtrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 25.

Take Profits:
TP1= @ 0.6286
TP2= @ 0.6255
TP3= @ 0.6227
TP4= @ 0.6173
TP5= @ 0.6118

SL: Break Above 0.639

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Comments

👌🏽👌🏽
+1 Reply
ForecastCity angelong12
@angelong12, 🙏
Reply
Bang bang
+1 Reply
ForecastCity TRADESBYZION
@TRADESBYZION, Thanks for your comment.
Reply
Thanks a bunch  . This is great.
+1 Reply
ForecastCity Mehmetozdemi
@Mehmetozdemi, You're very welcome!
+1 Reply
I like it.
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ForecastCity Kristalyn
@Kristalyn, We are glad you like it.
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Upvoted! 👌
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ForecastCity Pro_Trader_007
@Pro_Trader_007, Thanks a lot
+1 Reply