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 (0.6030). 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= @ 0.5940
TP2= @ 0.5847
TP3= @ 0.5588

SL: Break Above R2
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Comments

, thank you very much for your analysis!
+3 Reply
ForecastCity Best_Forecast
@Best_Forecast, You're welcome. we hope you find it helpful.
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Absolutely amazing you guys are doing a great job,
+3 Reply
ForecastCity Best_Forecast
@Best_Forecast, Thanks. we're happy you liked it.
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Thank You for sharing!
+2 Reply
ForecastCity Forecast_Crypto
@Forecast_Crypto, You're welcome. we hope you find it beneficial.
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Your BIG PROFIT ROAD MAPs are unique and Excellent!
+2 Reply
ForecastCity Forecast_Crypto
@Forecast_Crypto, Thanks. yes indeed it's a unique service.
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A spotted this a couple of days ago, and as a newbie, it's great to see your professional analysis. Following. Thank You!
+1 Reply
@Beadesy, You're welcome. we hope you enjoy it.
Reply
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