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ForecastCity_EU
May 14, 2020 11:33 PM

Don't miss the great buy opportunity in NZDJPY Long

New Zealand Dollar/Japanese YenFXCM

Description

Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (64.1). 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 uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 47.

Take Profits:
TP1= @ 65.05
TP2= @ 66.00
TP3= @ 66.73

SL= Break below S2
Comments
Kamryn
Thank you for your insight.
ForecastCity_EU
@Kamryn, 👌
Kristalyn
Great work!
ForecastCity_EU
sara-kian-fx
Special!!
ForecastCity_EU
@sara-kian, 🙏
sara-kian-fx
This chart is really something else!
ForecastCity_EU
@sara-kian, 👍 👍
DenizKilicDeniz
Nice idea.
ForecastCity_EU
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