💡Don't miss the great sell opportunity in NZDUSD

13 thg 1, 2021

Trading suggestion:
". There is still a possibility of temporary retracement to suggested resistance line (0.7225).
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 42.

Take Profits:
TP1= @ 0.7103
TP2= @ 0.7008
TP3= @ 0.6944
TP4= @ 0.6877
TP5= @ 0.6788

SL: Break Above R2

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