💡Don't miss the great sell opportunity in NZDUSD. There is still a possibility of temporary retracement to the suggested resistance line (0.6916).
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 36.
Take Profits:
TP1= @ 0.6887
TP2= @ 0.6873
TP3= @ 0.6845
TP4= @ 0.6695
SL: Break Above R2
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Nzdusdsell
NZDUSD | COULD THIS BE A NICE SHORT? - FOREX TRADING LIONS 🦁📈Hello Traders,
Looking at NZDUSD its currently giving us a bearish engulfing candle, although not yet closed on the daily timeframe, if this does close it shows bearish pressure.
We are also on a huge support zone and a squeeze pattern, if the supported zone gets broken then a push exhaustion push scenario is likely meaning it would be a good trade to short.
💡Don't miss the great sell opportunity in NZDUSDTrading 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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💡Don't miss the great sell opportunity in NZDUSDTrading 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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NZDUSD Got Rejected From a Strong resistance Zone
Welcome back Traders, Investors, and Community!
Hi Traders, NZDUSD on H1 has got a Rejection at 0.7095 which is a strong Resistance zone by several long wicked candles, I’m expecting it to go lower.
⬇️Sell now or Sell at 0.7095
⭕️SL @ 0.7116
✅TP1 @ 0.705
✅TP2 @ 0.7024
✅TP3 @ 0.6956
We will have more FREE forecasts in TradingView soon
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Have a Profitable Day
💡Don't miss the great sell opportunity in NZDUSDTrading 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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💡Don't miss the great sell opportunity in NZDUSDTrading 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
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
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Trade well, ❤️
ForecastCity English Support Team ❤️
NZD/USD Sell Opportunity nzd usd was the most bullish pair of the year and found very strong resistance area and after multiple confirmation we can say now its a trend reversal now for nzd usd
it broke a significant support area and market is back there to retest the broken structure
its a classic bearish breakout and retest pattern
look for bearish confirmation on lower time frame and enter short with your own money management
discipline with patience is the key to success in financial world