TradingView
ForecastCity
Aug 6, 2020 3:04 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 (0.6036). 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 below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 65.

Take Profits:
TP1= @ 0.6070
TP2= @ 0.6095
TP3= @ 0.6123
TP4= @ 0.6166
TP5= @ 0.6215

SL= Break below S2

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Comments
fxniki
I enjoy using your intraday forecasts so much.
ForecastCity
@fxniki, We're glad you enjoyed it.
Omer15928
Thanks to u I’m in the money, perfect 👌
ForecastCity
@Omer15928, We appreciate your comment. Best of luck to you in your trades.
Josef_anderson
looks very clean!👌
ForecastCity
@Josef_anderson, Thank you! We appreciate your comment.🙏
Kamryn
nice work
ForecastCity
@Kamryn, We appreciate your comment.🙏
Sir_Ray
Nice idea. 👍
ForecastCity
@Sir_Ray, Thank you!
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