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Thursday, May 13, 2021

๐Ÿ’กDon't miss the great sell opportunity in NZDUSD

๐Ÿ’กDon't miss the great sell opportunity in NZDUSD


Trading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (0.7176).
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 below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 47.

Take Profits:
TP1= @ 0.7131
TP2= @ 0.7115
TP3= @ 0.7050
TP4= @ 0.7006
TP5= @ 0.6965

SL: Break Above R2

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