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ForecastCity
Nov 12, 2020 9:45 PM

πŸ’‘Don't miss the great sell opportunity in NZDUSDΒ Short

New Zealand Dollar/U.S. DollarFXCM

Description

β‹…
Trading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (0.6865). 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 50.

Take Profits:
TP1= @ 0.6800
TP2= @ 0.6775
TP3= @ 0.6740

SL: Break Above R2

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Comments
sofi_Morphy
β‹…
Awesome chart!
ForecastCity
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@sofi_Morphy, Thank you for your comment.
Pro_Trader_007
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Nice. πŸ‘ŒπŸ» tnx for sharing it. Pls share more intraday ideas.
ForecastCity
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@Pro_Trader_007, We're glad you like it.
Kamryn
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Thanks. Any update for NZDUSD short term?
ForecastCity
β‹…
@Kamryn, We're glad you like it.

Updates on our website.
Kristalyn
β‹…
It's very helpful.

Thank you so much 🍁 ❀️ 🍁 ❀️
ForecastCity
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@Kristalyn, You're welcome.

We're glad you like it.
Mehmetozdemi
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I agree with your idea
ForecastCity
β‹…
@Mehmetozdemi, Thanks for your feedback.
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