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Intraday forecastNew Zealand Dollar vs. US Dollar technical chart
SymbolNZDUSD
Release TimeTue, 06/12/2018 - 20:37
Advisesell (limit) below R1=0.7045
Intraday
Short term
Yesterday range38
Yesterday high0.7053
Yesterday low0.7015
Yesterday close0.702
R30.712
R20.7055
R10.7045
S10.6995
S20.6975
S30.696
Trade setup

As we forecast downtrend for this day, so Forecast City suggests sell (limit) below R1=0.7045.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: S1=0.6995.
TP4: S2=0.6975.
Set the stoploss of these orders at breakout of R2=0.7055.

Stop and reverse:
If trend gets reversed, buy (stop) orders will be opened at breakout of R2=0.7055.
In this situation, there is an expectation to reach the target R3=0.712.
Set the stoploss of reverse orders at breakout of R1=0.7045.

Latest forecasts
Release Time Symbol Intraday R S
Tue, Oct 16 2018, 20:22 NZDUSD new Subscribe! Subscribers Only Subscribers Only
Mon, Oct 15 2018, 20:14 NZDUSD free 0.6595
0.6575
0.656
0.652
0.6505
0.6435
Thu, Oct 11 2018, 19:44 NZDUSD free 0.6595
0.657
0.654
0.6495
0.648
0.641
Wed, Oct 10 2018, 20:07 NZDUSD Subscribe! Subscribers Only Subscribers Only
Tue, Oct 9 2018, 20:11 NZDUSD Subscribe! Subscribers Only Subscribers Only