ForecastCity
Short

Don't miss the great sell opportunity in NZDUSD

FX:NZDUSD   New Zealand Dollar / U.S. Dollar
Trading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (0.664). 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 above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 40 .

Take Profits:
TP1= @ 0.6605
TP2= @ 0.6585
TP3= @ 0.6560
TP4= @ 0.6531
TP5= @ 0.6502

SL: Break Above R2

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Comments

THANK YOU
+2 Reply
ForecastCity Kristalyn
@Kristalyn, We're happy to help! 💙
Reply
Very helpful
+1 Reply
ForecastCity Josef_anderson
@Josef_anderson, Thank you for your comment.
Reply
great
+1 Reply
ForecastCity Forecast_Crypto
@Forecast_Crypto, Thank you!
Reply
Your analysis is very accurate.
+1 Reply
ForecastCity Pro_Trader_007
@Pro_Trader_007, We appreciate your comment.🙏
Reply
good job
+1 Reply
@Kamryn, Thank you for your comment.
Reply
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