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Nzdusdshort

NZDUSD D: BEARISH PRESSURE BELOW 0.6216 TARGET 0.6081.NZDUSD rebounded from May Low (0.6216), but rejected around 0.6568 then broke down below 0.6340 and retest May Low again. As I said at previous idea: "Even though oversold and vulnerable for short term rebound, anyway, Break & Hold Below 0.6340 still in downtrend, Next Potential Target 0.6216." Now, Bearish pressure is on again. Break & Hold Below 0.6216, Potential Target 0.6081. But, Failing Hold Below 0.6216, then NZDUSD could rebound, and Potentially Retest 0.6568. If rebound continue, Break Above 0.6568 would Cancel Bearish Outlook.
Short
by Wahyu_Luck
2
💡Don't miss the great sell opportunity in NZDUSDTrading suggestion: ". There is still a possibility of temporary retracement to the suggested resistance line (0.6465). 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 above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 33. Take Profits: TP1= @ 0.6415 TP2= @ 0.6365 TP3= @ 0.6291 TP4= @ 0.6216 TP5= @ 0.6112 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, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex / Crypto trader? Now, It's your turn! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Short
by ForecastCity_World
10
💡Don't miss the great sell opportunity in NZDUSDTrading suggestion: ". There is still a possibility of temporary retracement to the suggested resistance line (0.6465). 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 above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 33. Take Profits: TP1= @ 0.6415 TP2= @ 0.6365 TP3= @ 0.6291 TP4= @ 0.6216 TP5= @ 0.6112 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, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex / Crypto trader ? Now, It's your turn ! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Short
by ForecastCity
4
💡Don't miss the great sell opportunity in NZDUSDTrading suggestion: ". There is still a possibility of temporary retracement to the suggested resistance line (0.6514). 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 above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 49. Take Profits: TP1= @ 0.6423 TP2= @ 0.6374 TP3= @ 0.6291 TP4= @ 0.6215 TP5= @ 0.6100 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, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex / Crypto trader? Now, It's your turn! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Short
by ForecastCity_World
2
💡Don't miss the great sell opportunity in NZDUSDTrading suggestion: ". There is still a possibility of temporary retracement to the suggested resistance line (0.6514). 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 above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 48. Take Profits: TP1= @ 0.6423 TP2= @ 0.6374 TP3= @ 0.6291 TP4= @ 0.6215 TP5= @ 0.6100 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, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex / Crypto trader ? Now, It's your turn ! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Short
by ForecastCity
2
NZDUSD Sell (Short) opportunity for bearsListen guys, this is a perfect opportunity to collect 200 pips. The NZDUSD in a long term down trend. But it need to close below the short term upward trending channel. Yes, you can start selling below the channel but for safer entry would be below the 50 MA. Therefore wait till the candle close below the red line (50 MA) to enter. Then follow the chart for TP1. But this setup will not be valid in a case where the candles failed to close below the horizontal support. Good luck. NOTE: This is not a financial advice.
Short
by techmaker