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ForecastCity
May 12, 2021 9:38 AM

💡Don't miss the great buy opportunity in GBPNZD Long

British Pound/New Zealand DollarFXCM

Description

Trading 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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Comments
Mesutkashmar
Thanks, bro! Good work!
yusufipek1989
Good analysis .
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