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ForecastCity
Jul 23, 2020 1:58 PM

Don't miss the great sell opportunity in NZDUSD Short

New Zealand Dollar/U.S. DollarFXCM

Description

Trading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (0.6655). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. NZDUSD 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 41.

Take Profits:
TP1= @ 0.6630
TP2= @ 0.6600
TP3= @ 0.6580
TP4= @ 0.6530
TP5= @ 0.6495

SL: Break Above R2

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Comments
Shiva_forex
I got a huge profit from this forecast.
ForecastCity
@Shiva_forex, We're so happy for you. 💎🙏💎
SoughtFX
@Shiva_forex, 1 hour into posting.. dont be ridiculous with fake comments..
Mehmetozdemi
Thanks... I will keep an eye on this...
ForecastCity
@Mehmetozdemi, You're very welcome.
fxniki
Thanks. I liked this chart. It's the right choice. 👍
ForecastCity
@fxniki, You're welcome. 💎🙏💎
fxniki
@ForecastCity, 💯💯
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