ForecastCity

Don't miss the great hunting opportunity of NZDUSD in long-term!

Short
ForecastCity Updated   
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
Trading suggestion:
Sell Zone (0.73700 to 0.74850), we would set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.

Technical analysis:
.A peak is formed in daily chart at 0.7435 on Wed, 01/24/2018, so more losses to support(s) 0.7240, 0.7175, 0.7055 and more depths is expected.
.Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
.Relative strength index (RSI) is 57.

Take Profits:
TP1= @ 0.7240
TP2= @ 0.7175
TP3= @ 0.7055
TP4= @ 0.6950
TP5= @ 0.6820
TP6= @ 0.6620
TP7= @ 0.6430
TP8= @ 0.6245
TP9= @ 0.5930
TP10= @ 0.5485
TP11= @ 0.4900
TP12= @ Free
Trade active:
TP1 HIT! ----> All SLs moved to Break-even.
Technical analysis:
.A peak is formed in daily chart at 0.7435 on Wed, 01/24/2018, so more losses to support(s) 0.7175, 0.7055 and more depths is expected.
.Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
. Relative strength index ( RSI ) is 44.

Close Profits:
TP1= @ 0.7240

Take Profits:
TP2= @ 0.7175
TP3= @ 0.7055
TP4= @ 0.6950
TP5= @ 0.6820
TP6= @ 0.6620
TP7= @ 0.6430
TP8= @ 0.6245
TP9= @ 0.5930
TP10= @ 0.5485
TP11= @ 0.4900
TP12= @ Free
Trade closed: stop reached:
Break-even
Closed Profits:
TP1= @ 0.7240 touched at 02.07.2018
TP2= @ 0.7175 touched at 02.08.2018

10 other break-even trades closed at entry price, therefore no profit no loss.
Trade active:
A New Trading Opportunity To Sell. TP4 hit.....

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