💡Don't miss the great sell opportunity in EURNZD

FX:EURNZD   Euro / New Zealand Dollar
Trading 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 39.

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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yea very possible, like your outlook thx
+2 Reply
Very interesting, Good work ;)
+1 Reply
ForecastCity_World StevesTradingV
@StevesTradingV, Thank you very much
Very nice work mate!
+1 Reply
ForecastCity_World caldooninvestment
@caldooninvestment, Thank you!
Looks like a very likely scenario. Thanks, I’m looking forward to it. 😊
+1 Reply
ForecastCity_World financialflagship
@financialflagship, You're welcome! Thank you as well for your feedback
Very informative. Keep it up :)
+1 Reply
ForecastCity_World SensibullTrading
@SensibullTrading, Thank you very much for your comment
Thanks for your work
+1 Reply