💡Don't miss the great sell opportunity in NZDUSD

8 июл. 2021 г.

Trading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (0.7004).
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 a downtrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 33.

Take Profits:
TP1= @ 0.6967
TP2= @ 0.6945
TP3= @ 0.6921
TP4= @ 0.6896

SL: Break Above R2

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