💡Don't miss the great sell opportunity in NZDUSD

25 sty 2022

Trading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (0.6695).
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 36.

Take Profits:
TP1= @ 0.6660
TP2= @ 0.6635
TP3= @ 0.6613
TP4= @ 0.6589
TP5= @ 0.6570

SL: Break Above R2

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