TradingView
ForecastCity_ME
Jun 17, 2022 8:00 AM

πŸ’‘Don't miss the great buy opportunity in NZDCADΒ Long

New Zealand Dollar/Canadian DollarFXCM

Description

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Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.80850).
. 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 an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 66

Take Profits:
TP1= @ 0.82520
TP2= @ 0.83430
TP3= @ 0.83940
TP4= @ 0.84720
TP5= @ 0.85270

SL= Break below S2

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Comments
Lizabet
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Thank you πŸ‘ πŸ‘
ForecastCity_ME
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@Lizabet, You're very welcome!
DenizKilicDeniz
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Thanks for sharing.
ForecastCity_ME
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@DenizKilicDeniz, You're very welcome!
DenizKilicDeniz
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Very nice chart.
ForecastCity_ME
β‹…
@DenizKilicDeniz, Thank you! Hope it's inspiring.
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