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ForecastCity_EU
Jun 10, 2020 1:24 PM

Don't miss the great sell opportunity in NZDCHFΒ Short

New Zealand Dollar/Swiss FrancFXCM

Description

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Trading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (0.624). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. NZDCHF 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 46.

Take Profits:
TP1= @ 0.6145
TP2= @ 0.6042
TP3= @ 0.5975
TP4= @ 0.5902
TP5= @ 0.5755

SL: Break Above R2

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Comments
Best_Forecast
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Excellent! as always!

Thank You for sharing!
Pro_Trader_007
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🌸🌸🌸I agree your idea and wish you best. 🌸🌸🌸
sara-kian-fx
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Great analysis so far, keep it up!
Mesutkashmar
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AWESOME ANALYSIS
Thank You for sharing!
DenizKilicDeniz
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Great analysis, keep up the great work!
Mehmetozdemi
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thanks for your ideas
Shiva_forex
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Nice chart. Thanks
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