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ForecastCity_ME
Jul 16, 2020 1:12 PM

Don't miss the great buy opportunity in EURNZD Long

Euro Fx/New Zealand DollarFXCM

Description

Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.735). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. EURNZD is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 64.

Take Profits:
TP1= @ 1.7550
TP2= @ 1.7650
TP3= @ 1.7960
TP4= @ 1.8265
TP5= @ 1.8605

SL= Break below S2

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Comments
Shiva_forex
Good analysis again, keep it up man!
ForecastCity_ME
@Shiva_forex, Thank you for your comment 💎🍀💎
Best_Forecast
I was thinking the same,

hoping for a retracement.

Thank you for your thoughts
ForecastCity_ME
@Alexander_007, It's our pleasure 😊 💎💙
Mehmetozdemi
Nice chart.
ForecastCity_ME
@Mehmetozdemi, Thank you 🍀 💙 😊
Pro_Trader_007
The best analysis in FOREX WORLD.
ForecastCity_ME
@Pro_Trader_007, Thanks for the compliment 😊💙🍀
sara-kian-fx
Lovely analysis, think this could be a goer!
ForecastCity_ME
@sara-kian-fx, Thanks 😊 We hope you enjoy it 🍀🍀🍀
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