ForecastCity

💡Don't miss the great buy opportunity in NZDCHF

Long
FX:NZDCHF   New Zealand Dollar/Swiss Franc
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.6406).
. 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 an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 66.

Take Profits:
TP1= @ 0.6476
TP2= @ 0.6504
TP3= @ 0.6542
TP4= @ 0.6575
TP5= @ 0.6620

SL= Break below S2

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Comments

I agree with you.
+1 Reply
ForecastCity yusufipek1989
@yusufipek1989, Thanks for your comment.
Reply
Nice view, I love it. keep it up
+1 Reply
ForecastCity AR_kooshani
@AR_kooshani, Thank you. We're glad you love it.
Reply
Good, simple & clear analysis.  Thank you for sharing
+1 Reply
ForecastCity Mehmetozdemi
@Mehmetozdemi, You're welcome! Thanks for your comment
Reply