Trading suggestion: ". There is still a possibility of temporary retracement to the suggested resistance line (0.6465). if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis: . NZDUSD is in a downtrend, and the continuation of the downtrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 33.
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Trade closed: target reached
⋅
536.7pips profit... Total Profit: 536.7 Closed trade(s): 536.7Profit
Update Details:
Closed Profit: TP1 @ 0.6415 touched at 06.09.2022 with 41 Profit. TP2 @ 0.6365 touched at 06.10.2022 with 90.8 Profit. TP3 @ 0.6291 touched at 06.13.2022 with 164.9 Profit. TP4 @ 0.6216 touched at 06.14.2022 with 240 Profit.