Don't miss the great sell opportunity in NZDUSD

2020年7月31日

Trading suggestion:
. There is a possibility of temporary retracement to suggested resistance line (0.6671). 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 downtrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 43.

Take Profits:
TP1= @ 0.6611
TP2= @ 0.6578
TP3= @ 0.6521
TP4= @ 0.6450
TP5= @ 0.6384

SL= Break Above R2

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