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ForecastCity_EU
Oct 11, 2019 1:34 PM

Don't miss the great buy opportunity in NZDCHF Long

New Zealand Dollar/Swiss FrancFXCM

Description

Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.6302). 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 uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 67.

Take Profits:
TP1= @ 0.6343
TP2= @ 0.6425
TP3= @ 0.6524

SL= Break below S2
Comments
Best_Forecast
Good analysis as usual
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