ForecastCity_ME

💡 Don't miss the great sell opportunity in NZDUSD

Short
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
Trading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (0.7205). 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 above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 36.

Take Profits:
TP1= @ 0.7145
TP2= @ 0.7115
TP3= @ 0.7085

SL: Break Above R2

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ForecastCity English Support Team ❤️
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Comments

Thanks for the great stuff you share. Love your work.
+4 Reply
@Sophi2018, You're very welcome!
We hope you enjoy it.
Reply
Useful chart. Can't thank you enough ❤️
+3 Reply
ForecastCity_ME Megan_forex
@Megan_forex, Happy to be of help!
Reply
Seems to be accurate. Thanks a lot
+2 Reply
ForecastCity_ME DenizKilicDeniz
@DenizKilicDeniz, You're very welcome!
We hope you enjoy it.
Reply
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