ForecastCity_ME

💡Don't miss the great buy opportunity in NZDCHF

Long
ForecastCity_ME Updated   
FX:NZDCHF   New Zealand Dollar/Swiss Franc
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.6398).
. 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 an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 48.

Take Profits:
TP1= @ 0.6440
TP2= @ 0.6472
TP3= @ 0.6507
TP4= @ 0.6534
TP5= @ 0.6559

SL= Break below S2

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Trade closed: target reached:
85 pips profit...
Total Profit: 85
Closed trade(s): 85 Profit


Update Details:

Closed Profit:
TP1 @ 0.6440 touched at 04.04.2022 with 26.5 Profit.
TP2 @ 0.6472 touched at 04.05.2022 with 58.5 Profit.
26.5 + 58.5 = 85

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