💡Don't miss the great sell opportunity in NZDUSD

Trading suggestion:
. There is a possibility of temporary retracement to the suggested resistance line (0.7270).
. 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 32.

Take Profits:
TP1= @ 0.6940
TP2= @ 0.6775
TP3= @ 0.6615
TP4= @ 0.6385
TP5= @ 0.6240

SL= Break below S2

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Bearish PatternsChart PatternsTechnical IndicatorsNZDNZDUSDTrend AnalysisUSD

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