ForecastCity_EU

Don't miss the great buy opportunity in GBPNZD

Long
FX:GBPNZD   British Pound / New Zealand Dollar
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.9315). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. GBPNZD is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 65.

Take Profits:
TP1= @ 1.9510
TP2= @ 1.9645
TP3= @ 1.9795
TP4= @ 1.9995
TP5= @ 2.0155

SL= Break below S2

❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!

❤️ Your Support is very much 🙏 appreciated!❤️

💎 Want us to help you become a better Forex trader?

Now, It's your turn!
Be sure to leave a comment let us know how do you see this opportunity and forecast.

Trade well, ❤️
ForecastCity English Support Team ❤️

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.