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Intraday forecastNew Zealand Dollar vs. US Dollar technical chart
SymbolNZDUSD
Release TimeWed, 02/06/2019 - 20:03
Advisesell (limit) below R1=0.686
Intraday
Short term
Yesterday range35
Yesterday high0.6905
Yesterday low0.6871
Yesterday close0.6894
R30.6935
R20.687
R10.686
S10.682
S20.6805
S30.6745
Trade setup

As we forecast downtrend for this day, so Forecast City suggests sell (limit) below R1=0.686.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: S1=0.682.
TP4: S2=0.6805.
Set the stoploss of these orders at breakout of R2=0.687.

Stop and reverse:
If trend gets reversed, buy (stop) orders will be opened at breakout of R2=0.687.
In this situation, there is an expectation to reach the target R3=0.6935.
Set the stoploss of reverse orders at breakout of R1=0.686.

Latest forecasts
Release Time Symbol Intraday R S
Thu, Apr 18 2019, 20:02 NZDUSD Subscribe! Subscribers Only Subscribers Only
Wed, Apr 17 2019, 20:30 NZDUSD Subscribe! Subscribers Only Subscribers Only
Tue, Apr 16 2019, 20:34 NZDUSD free 0.6835
0.68
0.6785
0.6735
0.6715
0.664
Mon, Apr 15 2019, 21:31 NZDUSD Subscribe! Subscribers Only Subscribers Only
Mon, Apr 15 2019, 09:30 NZDUSD Subscribe! Subscribers Only Subscribers Only