ForecastCity

💡 Don't miss the great sell opportunity in NZDUSD

Short
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
Trading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (0.7143). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. NZDUSD is in a range bound and the beginning of downtrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 32.

Take Profits:
TP1= @ 0.7085
TP2= @ 0.7003
TP3= @ 0.6928
TP4= @ 0.6875
TP5= @ 0.6788

SL: Break Above R2

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Comments

it's mad but totally true 🔥
+1 Reply
@Sir_Ray, Thanks for you comment 🌹
Reply
It's very helpful. Cheers 👍
+1 Reply
ForecastCity Kristalyn
@Kristalyn, Cheers 🌹
Reply
We have a similar vision here!
+1 Reply
ForecastCity yusufipek1989
@yusufipek1989, Great minds think alike ;)
+1 Reply
nice charting 👌
+1 Reply
ForecastCity Josef_anderson
@Josef_anderson,  Thank you for your comment. We appreciate it 🌹
+1 Reply
RIGHT! It's a unique forecast. Cheers 👍
Reply
@Kamryn, Thank you for your comment
Reply
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