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 (0.6614). 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= @ 0.6575
TP2= @ 0.6505
TP3= @ 0.6446
TP4= @ 0.6376
TP5= @ 0.6333

SL: Break Above R2

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Comments

amzing
+3 Reply
ForecastCity Pro_Trader_007
@Pro_Trader_007, Thank you! We appreciate your comment.
+1 Reply
thanks
+3 Reply
ForecastCity Forecast_Crypto
@Forecast_Crypto, We're happy to help! 💙
+1 Reply
I appreciate your analysis. Well done!
+2 Reply
@Kamryn, You're very welcome! 🍀
+1 Reply
Damn you're good!👍
+2 Reply
ForecastCity Josef_anderson
@Josef_anderson, Thank you! We appreciate your comment.
+1 Reply
Thanks a lot!
+2 Reply
@Sir_Ray, We're happy to help! 💙
+1 Reply
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