ForecastCity_ME
Short

💡Don't miss the great sell opportunity in NZDUSD

FX:NZDUSD   New Zealand Dollar / U.S. Dollar
Trading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (0.663). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. NZDUSD is in a range bound and the beginning of downtrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 40 .

Take Profits:
TP1= @ 0.6570
TP2= @ 0.6510
TP3= @ 0.6445
TP4= @ 0.6375
TP5= @ 0.6240

SL: Break Above R2

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Comments

Excellent! as always!
+1 Reply
ForecastCity_ME sara-kian-fx
@sara-kian-fx, Thank you for your feedback. We appreciate it.
Reply
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