TradingView
ForecastCity_ME
28 juin 2021 14:14

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 the suggested resistance line (0.7063).
if so, traders can set orders based on Price Action and expect to reach short-term targets."

Technical analysis:
. NZDUSD is in a downtrend, and the continuation of the downtrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 38.

Take Profits:
TP1= @ 0.7032
TP2= @ 0.6999
TP3= @ 0.6962
TP4= @ 0.6922
TP5= @ 0.6883

SL: Break Above R2

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Commentaires
Sophi2018
β‹…
I agree with you.
ForecastCity_ME
β‹…
@Sophi2018, Best of luck to you in your trades.πŸ“ˆ
Megan_forex
β‹…
Good work! πŸ‘ Nice idea.
ForecastCity_ME
β‹…
@Megan_forex, Thank you for your comment. We appreciate it.
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