NZD
💡Don't miss the great sell opportunity in GBPNZDTrading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (1.9797).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. GBPNZD is in a range bound, and the beginning of a downtrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 42.
Take Profits:
TP1= @ 1.9701
TP2= @ 1.9667
TP3= @ 1.9600
TP4= @ 1.9489
TP5= @ 1.9418
SL: Break Above R3
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💡Don't miss the great sell opportunity in NZDUSDTrading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (0.7063).
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 below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 38.
Take Profits:
TP1= @ 0.7032
TP2= @ 0.6999
TP3= @ 0.6962
TP4= @ 0.6922
TP5= @ 0.6883
SL: Break Above R2
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💡Don't miss the great buy opportunity in NZDCHFTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.6419).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. NZDCHF is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 69.
Take Profits:
TP1= @ 0.6503
TP2= @ 0.6534
TP3= @ 0.6569
TP4= @ 0.6632
TP5= @ 0.6701
SL= Break below S2
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💡Don't miss the great buy opportunity in NZDCADTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (.086473).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. NZDCAD is in a range bound, and the beginning of an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 62 .
Take Profits:
TP1= @ 0.86818
TP2= @ 0.87144
TP3= @ 0.87396
TP4= @ 0.87679
TP5= @ 0.87976
SL= Break below S2
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💡Don't miss the great buy opportunity in NZDCHFTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.6406).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. NZDCHF is in a range bound, and the beginning of an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 66.
Take Profits:
TP1= @ 0.6476
TP2= @ 0.6504
TP3= @ 0.6542
TP4= @ 0.6575
TP5= @ 0.6620
SL= Break below S2
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💡Don't miss the great sell opportunity in EURNZDTrading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (1.6860).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. EURNZD is in a downtrend, and the continuation of the downtrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 38.
Take Profits:
TP1= @ 1.6805
TP2= @ 1.6785
TP3= @ 1.6730
TP4= @ 1.6685
TP5= @ 1.6610
SL: Break Above R2
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💡Don't miss the great buy opportunity in NZDCAD
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.8687).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. NZDCAD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 68.
Take Profits:
TP1= @ 0.8736
TP2= @ 0.8769
TP3= @ 0.8797
TP4= @ 0.8816
TP5= @ 0.8851
SL= Break below S2
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💡Don't miss the great sell opportunity in GBPNZDTrading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (1.9665).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. GBPNZD is in a range bound, and the beginning of a downtrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 48.
Take Profits:
TP1= @ 1.9610
TP2= @ 1.9540
TP3= @ 1.9515
TP4= @ 1.9470
TP5= @ 1.9425
SL: Break Above R2
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💡Don't miss the great sell opportunity in NZDUSD
Trading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (0.72400).
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 a downtrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 51
Take Profits:
TP1= @ 0.71800
TP2= @ 0.71500
TP3= @ 0.71150
SL: Break Above R2
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💡Don't miss the great sell opportunity in NZDUSD
Trading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (0.7176).
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 below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 45.
Take Profits:
TP1= @ 0.7131
TP2= @ 0.7115
TP3= @ 0.7050
TP4= @ 0.7006
TP5= @ 0.6965
SL: Break Above R2
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💡Don't miss the great sell opportunity in NZDJPYTrading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (78.80).
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 a 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= @ 78.35
TP2= @ 78.10
TP3= @ 77.90
TP4= @ 77.70
TP5= @ 77.35
SL: Break Above R3
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💡Don't miss the great buy opportunity in GBPNZDTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1.9485).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. GBPNZD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 65.
Take Profits:
TP1= @ 1.9600
TP2= @ 1.9660
TP3= @ 1.9750
TP4= @ 1.9820
TP5= @ 1.9980
SL= Break below S3
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💡Don't miss the great sell opportunity in NZDUSD
Trading suggestion:
". There is still a possibility of temporary retracement to suggested resistance line (0.7167).
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 downtrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 32.
Take Profits:
TP1= @ 0.7114
TP2= @ 0.7090
TP3= @ 0.7055
TP4= @ 0.7026
TP5= @ 0.7003
SL: Break Above R2
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💡Don't miss the great sell opportunity in NZDCADTrading suggestion:
". There is still a possibility of temporary retracement to suggested resistance line (0.89870).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. NZDCAD is in a downtrend and the continuation of downtrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 39.
Take Profits:
TP1= @ 0.89345
TP2= @ 0.89060
TP3= @ 0.88552
TP4= @ 0.88021
TP5= @ 0.87479
SL: Break Above R2
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NZDUSD 1H The price managed to come down to the latest major structure zone, but even if its above the zone I am looking for some bearish breakouts, why that?
I see the price after reaching the major high structure area, strong rejection happened and made little declination to the downside, that resist line is showing that. With that pressure, there are high probabilities for Double Top to form and break the neck zone, followed by retest and continuation, now at least down to the next structure zone.
💡Don't miss the great sell opportunity in NZDCADTrading suggestion:
". There is still a possibility of temporary retracement to suggested resistance line (0.8985).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. NZDCAD is in a downtrend and the continuation 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= @ 0.8840
TP2= @ 0.8755
TP3= @ 0.8600
TP4= @ 0.8460
TP5= @ 0.8240
SL: Break Above R2
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💡Don't miss the great sell opportunity in NZDCADTrading suggestion:
". There is still a possibility of temporary retracement to suggested resistance line (0.8985).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. NZDCAD is in a downtrend and the continuation 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= @ 0.8840
TP2= @ 0.8755
TP3= @ 0.8600
TP4= @ 0.8460
TP5= @ 0.8240
SL: Break Above R2
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💡Don't miss the great sell opportunity in GBPNZD Trading suggestion:
. There is a possibility of temporary retracement to the suggested resistance line (1.9765).
. If so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. GBPNZD is in a range bound, and the beginning of a downtrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 41.65.
Take Profits:
TP1= @ 1.9650
TP2= @ 1.9610
TP3= @ 1.9545
TP4= @ 1.9470
TP5= @ 1.9380
SL= Break below S2
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ForecastCity English Support Team ❤️