ForecastCity_ME
Short

Don't miss the great sell opportunity in NZDJPY

FX:NZDJPY   New Zealand Dollar / Japanese Yen
Trading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (70.7). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. NZDJPY 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 33.

Take Profits:
TP1= @ 69.90
TP2= @ 69.15
TP3= @ 68.20
TP4= @ 67.10
TP5= @ 66.05

SL: Break Above R2

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Comments

thanks for your ideas
+2 Reply
ForecastCity_ME Josef_anderson
@Josef_anderson, You're very welcome 💙 Thanks for your comment
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A bunch of good information. Thanks!
+2 Reply
ForecastCity_ME sara-kian-fx
@sara-kian-fx, Thanks for your comment
+1 Reply
Thank you for your perfect Support / Resistance and Technical Analysis!
+1 Reply
@Kamryn, Thank you as well for your constant support. 💙
Reply
A bunch of good information. Thanks!
+1 Reply
ForecastCity_ME Mehmetozdemi
@Mehmetozdemi, 💙 Thanks for your comment 💙
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Your BIG PROFIT ROAD MAPs are unique and Excellent!

Thank You for sharing!
+1 Reply
ForecastCity_ME Alexander_007
@Alexander_007, Thank you for your attention and feedback. We appreciate your comment.
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