ForecastCity
Long

There is a trading opportunity to buy in NZDSGD

OANDA:NZDSGD   NZD/SGD
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.9030). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. NZDSGD 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 77.

Take Profits:
TP1= @ 0.9090
TP2= @ 0.9160
TP3= @ 0.9340

SL= @ 0.8940
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Comments

I agree with your TA about the range bound ... Thanks for the great trading opportunity to buy in NZDSGD.
+1 Reply
@fxniki, Thanks for your comment.
+1 Reply
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