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 (75.2). 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 68.

Take Profits:
TP1= @ 75.88
TP2= @ 76.20
TP3= @ 76.65

SL= @ 74.73
HighAccurate forecast for
★36 Forex Pairs: 916.000 pips track record profit
★34 Cryptos
★Gold, Silver, Oils, Gas
★Best Profitable Trading Strategies

in 9 languages

since 2007

http://www.ForecastCity.com
★FREE Telegram http://t.me/forecastcity_com

Comments

well, I find this TA very useful and really thanks for sharing it.
Reply
@fxniki, Thanks for your comment.
Reply
It'll be a nice call. I don't see a foundation for why 75.2 is where price may reach in probability - and then going long from there. How are your 'R' levels calculated or estimated?
Reply
ForecastCity Captain_Walker
@Captain_Walker, Thanks for your comment.
Reply
Captain_Walker ForecastCity
@ForecastCity, Many thanks for explaining it to me.
Reply
ForecastCity Captain_Walker
@Captain_Walker, The answer to your question is so obvious in the chart. They have been chosen because of the support and resistance levels. And trading suggestions have been given according to the technical analysis.
Reply
Captain_Walker ForecastCity
@ForecastCity, Cool mate.
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Private Messages Chat Sign Out