ForecastCity

Hunt this long-term Sell opportunity of NZDUSD, Don't miss it!!

Short
ForecastCity Updated   
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
Trading suggestion:
Price is in the Sell Zone (0.7370 to 0.7485), we would set orders based on Daily-Trading-Opportunities (Below 0.7485 only with strong DTO signal & daily close below 0.7370) and expect to reach short-term targets.

  • Beginning of entry zone (0.7370)
  • Ending of entry zone (0.7485)

Technical analysis:
  • A trough is formed in daily chart at 0.7175 on 02/08/2018, so more gains maximum to Trend Hunter Sell Zone (0.7370 to 0.7485) is expected.
  • Price is above WEMA21, if price drops more, this line can act as dynamic support against m.ore losses.
  • Relative strength index (RSI) is 61.

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.

Closed Trades:
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

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