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ForecastCity
Apr 17, 2020 1:47 PM

Don't miss the great buy opportunity in NZDCAD Long

New Zealand Dollar/Canadian DollarFXCM

Description

Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.8443). 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 uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 58.

Take Profits:
TP1= @ 0.8555
TP2= @ 0.8684
TP3= @ 0.8798

SL= Break below S2
Comments
Kristalyn
Thank you for sharing it.
ForecastCity
@Kristalyn, You're welcome. we hope you find it helpful.
NurHamizah
awesome. nice ☺️
ForecastCity
@NurHamizah, Thanks. we hope you enjoy it.
voycefx
Very nice analysis.
ForecastCity
@voyceey, Thanks. we hope you enjoy it.
Forecast_Crypto
Excellent prediction. Thank you!
ForecastCity
@Forecast_Crypto, Thanks for your comment. we hope you enjoy it.
Forecast_Crypto
I got a huge profit from this forecast.
ForecastCity
@Forecast_Crypto, Thanks for sharing your feedback. we're so happy for you.
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