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ForecastCity
Jun 10, 2020 1:20 PM

Don't miss the great sell opportunity in NZDCHFΒ Short

New Zealand Dollar/Swiss FrancFXCM

Description

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Trading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (0.624). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. NZDCHF 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 46.

Take Profits:
TP1= @ 0.6145
TP2= @ 0.6042
TP3= @ 0.5975
TP4= @ 0.5902
TP5= @ 0.5755

SL: Break Above R2

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Comments
fxniki
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I really wonder how amazing you are. a five star analyst 🌟🌟🌟🌟🌟
ForecastCity
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@fxniki, Thanks. we hope you enjoy it. πŸ™πŸ™πŸ™
Ajingobozz
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Great trade I took it and I'm glad I did!!!
ForecastCity
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@Ajingobozz, You're welcome!πŸ™ we hope you enjoy it πŸ’™πŸ’™πŸ’™
Rushi123
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love your analysis keep it up
ForecastCity
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@Rushi123, Thanks. we're glad you loved it πŸ’ŽπŸ™πŸ’Ž
Forecast_Crypto
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Resistance and Technical Analysis!
ForecastCity
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@Forecast_Crypto, πŸ’ŽπŸ™πŸ’Ž
Pro_Trader_007
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🌸🌸🌸I agree your idea and wish you best. 🌸🌸🌸
ForecastCity
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@Pro_Trader_007, Thank you so much for your nice comment on this post. πŸ’ŽπŸ™πŸ’Ž
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