💡 Don't miss the great sell opportunity in NZDCAD

FX:NZDCAD   New Zealand Dollar/Canadian Dollar
Trading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (0.91). 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 downtrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 35.

Take Profits:
TP1= @ 0.8995
TP2= @ 0.8930
TP3= @ 0.8860
TP4= @ 0.8780
TP5= @ 0.8625

SL: Break Above R2

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I love the idea, as usual great detailed and helpful.
+3 Reply
ForecastCity Kristalyn
@Kristalyn, Thanks for your kind comment. 👍
+2 Reply
@ForecastCity good sopport to traders
+1 Reply
ForecastCity clickcapitalsolution
@clickcapitalsolution, Thanks for your kind comment.
+1 Reply
I was waiting for a new update for NZDCAD. Thanks for sharing it.
+2 Reply
@Kamryn, Please follow us to get notifications about newly published ideas in your ideas stream.
+1 Reply
I always enjoy your ideas. 🔥
+2 Reply
ForecastCity Josef_anderson
@Josef_anderson, We're glad you enjoy it.
+1 Reply
Nice chart! thanks 👌
+2 Reply
ForecastCity Pro_Trader_007
@Pro_Trader_007, We're glad you like it.
+1 Reply