ForecastCity_ME

πŸ’‘ Don't miss the great sell opportunity in NZDCAD

Short
FX:NZDCAD   New Zealand Dollar/Canadian Dollar
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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ForecastCity English Support Team ❀️
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Comments

Thanks for being accurate almost all the time.
+2 Reply
ForecastCity_ME DenizKilicDeniz
@DenizKilicDeniz, You're very welcome!Thank you for sharing your feedback.
Reply
nice analysis man
+1 Reply
ForecastCity_ME sudarshan0411
@sudarshan0411, Thank you for your comment.
Reply
ForecastCity_ME sudarshan0411
@sudarshan0411, All the best with your trades.πŸ“ˆ
Reply
I like the excellent analysis.
+1 Reply
ForecastCity_ME Mehmetozdemi
@Mehmetozdemi, We're glad you like it. πŸ˜ŠπŸ’š
Reply
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