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Trading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (0.91). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. NZDCAD is in a range bound and the beginning of downtrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 35.
Take Profits:
TP1= @ 0.8995
TP2= @ 0.8930
TP3= @ 0.8860
TP4= @ 0.8780
TP5= @ 0.8625
SL: Break Above R2
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. . . . . Please show your support back,
. . . . . . . . Hit the π LIKE button,
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Be sure to leave a comment let us know how do you see this opportunity and forecast.
Trade well, β€οΈ
ForecastCity English Support Team β€οΈ
. There is still a possibility of temporary retracement to suggested resistance line (0.91). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. NZDCAD is in a range bound and the beginning of downtrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 35.
Take Profits:
TP1= @ 0.8995
TP2= @ 0.8930
TP3= @ 0.8860
TP4= @ 0.8780
TP5= @ 0.8625
SL: Break Above R2
β€οΈ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the π LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!
β€οΈ Your Support is very much π appreciated! β€οΈ
π 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, β€οΈ
ForecastCity English Support Team β€οΈ
HighAccurate forecast for
π36 Forex Pairs: 916.000 pips track record profit
π34 Cryptos
πGold, Silver, Oils, Gas
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since 2007
http://www.ForecastCity.com
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π36 Forex Pairs: 916.000 pips track record profit
π34 Cryptos
πGold, Silver, Oils, Gas
πBest Profitable Trading Strategies
in 9 languages
since 2007
http://www.ForecastCity.com
πFREE Telegram http://t.me/forecastcity_com
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