๐กDon't miss the great sell opportunity in NZDCAD
Trading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (0.8817).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. NZDCAD 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= @ 0.8760
TP2= @ 0.8724
TP3= @ 0.8678
TP4= @ 0.8661
TP5= @ 0.8632
SL: Break Above R2
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. . . . . Please show your support back,
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Trade well, โค๏ธ
ForecastCity English Support Team โค๏ธ
". There is still a possibility of temporary retracement to the suggested resistance line (0.8817).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. NZDCAD 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= @ 0.8760
TP2= @ 0.8724
TP3= @ 0.8678
TP4= @ 0.8661
TP5= @ 0.8632
SL: Break Above R2
โค๏ธ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the ๐ LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!
โค๏ธ Your Support is very much ๐ appreciated!โค๏ธ
๐ 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, โค๏ธ
ForecastCity English Support Team โค๏ธ
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