ForecastCity

Don't miss the great buy opportunity in NZDJPY

Long
FX:NZDJPY   New Zealand Dollar / Japanese Yen
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (64.82). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. NZDJPY 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 67.

Take Profits:
TP1= @ 65.90
TP2= @ 66.60
TP3= @ 67.85

SL= Break below S2
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Comments

How do you trade at this time of day in the UK?
+4 Reply
ForecastCity CiaranReid
@CiaranReid, This forecast will be valid until the end of Monday
+1 Reply
A bunch of good information. Thanks!
+2 Reply
ForecastCity Pro_Trader_007
@Pro_Trader_007, You're welcome. We hope you enjoy it.
+1 Reply
I agree, this is trending up. I'm really impressed with your guidance so far.

How can I get notifications of your ideas? Telegram?

Cheers, Dec
+2 Reply
@declank, Thanks for your comment. If you would like to join our channel on Telegram use: @forecastcity_com
+1 Reply
hi
should we widen our stoploss ?
+1 Reply
@arshyatm, Sorry, We do not provide a private consultant, please use the published ideas to know more about our technical analysis, forecasts or trading opportunities.
Also, to read about Trend Hunter Strategy visit our website.
http://www.forecastcity.com
Reply
arshyatm ForecastCity
@ForecastCity, but can you update your idea ?
+1 Reply
@arshyatm, Sure. Please visit our website for the latest "Weekly Forecasts", "Intraday Forecasts" and "Daily Trading Opportunities".
Reply
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