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ForecastCity_ME
Jul 27, 2022 4:59 PM

💡Don't miss the great buy opportunity in GBPNZD Long

British Pound/New Zealand DollarFXCM

Description


Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1.9307).
. 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 an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 68.

Take Profits:
TP1= @ 1.9434
TP2= @ 1.9563
TP3= @ 1.9673
TP4= @ 1.9850
TP5= @ 2.0000

SL= Break below S2

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