NZDUSD Intraday Forecast

FX:NZDUSD   New Zealand Dollar / U.S. Dollar
As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=0.638.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=0.642.
TP4: R2=0.644.
Set the stoploss of these orders at breakout of S2=0.637.

Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of S2=0.637.
In this situation, there is an expectation to reach the target S3=0.6305.
Set the stoploss of reverse orders at breakout of S1=0.638.

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I have been holding since .027 lol, I have lots of patience. I hope you’re right! Good luck to us both and everyone in it.
+2 Reply
ForecastCity Pro_Trader_007
@Pro_Trader_007, Thanks for your comment on this post. we wish you bests.
I like it - but still waiting for 2nd bottom
Great analysis so far, keep it up!
+2 Reply
ForecastCity Alexander_007
@Alexander_007, Thank you. Sure we will.
I like your strategy, However I could gain great profit reaching TP3 on this forecast. Thank you so much. You rock!
+1 Reply
@fxniki, We are so happy for you. And thank you so much for the feedback.
Thank you for your time and sharing of knowledge.
+1 Reply
ForecastCity Forecast_Crypto
@Forecast_Crypto, You're welcome. We are so happy you find it useful.
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