ForecastCity

πŸ’‘ 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 (0.7108). 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 34.

Take Profits:
TP1= @ 0.7000
TP2= @ 0.6935
TP3= @ 0.6860
TP4= @ 0.6780
TP5= @ 0.6670

SL: Break Above R2

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Comments

Good call
+2 Reply
ForecastCity carefulOwl22772
@carefulOwl22772, Thank you for your comment.
+3 Reply
Superb πŸ‘ I'm in
+1 Reply
ForecastCity Pro_Trader_007
@Pro_Trader_007, Thanks. We hope you get the most out of it.
Reply
It's on my radar. πŸ‘Œ
+1 Reply
ForecastCity Josef_anderson
@Josef_anderson, We wish you the best. πŸ‘
+1 Reply
Thank you for sharing it πŸ‘
+1 Reply
@Kamryn, You're welcome. We hope you enjoy it.
Reply
❄️ Thank you for sharing such a fantastic sell opportunity.❄️
+1 Reply
ForecastCity Kristalyn
@Kristalyn, You're welcome. πŸ’ŽπŸ™πŸ’Ž
Reply
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