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ForecastCity
Jun 9, 2020 2:04 PM

Don't miss the great sell opportunity in NZDCADΒ Short

New Zealand Dollar/Canadian DollarFXCM

Description

β‹…
Trading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (0.876). 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 40.

Take Profits:
TP1= @ 0.8715
TP2= @ 0.8685
TP3= @ 0.8620
TP4= @ 0.8570
TP5= @ 0.8530

SL: Break Above R2

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Comments
fxniki
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Thanks. I got TP 1 😍😍😍😍😍😍
ForecastCity
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@fxniki, Great. 🌸🌸
Best_Forecast
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I think I'm gonna trade this one,

Great analysis, keep up the great work!

Thank you for sharing this amazing content.
ForecastCity
β‹…
@Alexander_007, Thanks πŸ’ŽπŸ™πŸ’Ž
Kristalyn
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Nice analysis as usual
you are great
ForecastCity
β‹…
@Kristalyn, πŸ‘πŸ‘
Kamryn
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Thanks a lot
ForecastCity
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@Kamryn, πŸ‘πŸ‘
Forecast_Crypto
β‹…
It is going toward the MARS!
ForecastCity
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@Forecast_Crypto, Thank you for following us and your support and nice comments. πŸ’™πŸ’™πŸ’™
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