ForecastCity_ME

💡Don't miss the great sell opportunity in EURNZD

Short
FX:EURNZD   Euro / New Zealand Dollar
Trading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (1.6860).
if so, traders can set orders based on Price Action and expect to reach short-term targets."

Technical analysis:
. EURNZD is in a downtrend, and the continuation of the downtrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 38.

Take Profits:
TP1= @ 1.6805
TP2= @ 1.6785
TP3= @ 1.6730
TP4= @ 1.6685
TP5= @ 1.6610

SL: Break Above R2

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ForecastCity English Support Team ❤️
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Comments

Thanks. This is helpful.
+1 Reply
ForecastCity_ME DenizKilicDeniz
@DenizKilicDeniz, You're very welcome! Glad you found it helpful.
Reply
Good work! 👍 Nice idea.
+1 Reply
ForecastCity_ME Mesutkashmar
@Mesutkashmar, Thank you for your comment. We appreciate it
Reply
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