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Intraday forecastNew Zealand Dollar vs. US Dollar technical chart
SymbolNZDUSD
Release TimeWed, 10/10/2018 - 20:07
Advisesell (limit) below R1=0.6485
Intraday
Short term
Yesterday range49
Yesterday high0.6476
Yesterday low0.6427
Yesterday close0.6471
R30.657
R20.65
R10.6485
S10.6445
S20.6425
S30.64
Trade setup

As we forecast downtrend for this day, so Forecast City suggests sell (limit) below R1=0.6485.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: S1=0.6445.
TP4: S2=0.6425.
Set the stoploss of these orders at breakout of R2=0.65.

Stop and reverse:
If trend gets reversed, buy (stop) orders will be opened at breakout of R2=0.65.
In this situation, there is an expectation to reach the target R3=0.657.
Set the stoploss of reverse orders at breakout of R1=0.6485.

Latest forecasts
Release Time Symbol Intraday R S
Thu, Oct 18 2018, 20:19 NZDUSD Subscribe! Subscribers Only Subscribers Only
Wed, Oct 17 2018, 19:59 NZDUSD Subscribe! Subscribers Only Subscribers Only
Tue, Oct 16 2018, 20:22 NZDUSD 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