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Intraday forecastNew Zealand Dollar / US Dollar technical chart
SymbolNZDUSD
Release TimeFebruary 25, 2019 - 14:13
Advisebuy (limit) above S1=0.6875
Intraday
Short term
Yesterday range97
Yesterday high0.6853
Yesterday low0.6757
Yesterday close0.6842
R30.697
R20.694
R10.6925
S10.6875
S20.686
S30.679
Trade setup

As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=0.6875.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=0.6925.
TP4: R2=0.694.
Set the stoploss of these orders at breakout of S2=0.686.

Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of S2=0.686.
In this situation, there is an expectation to reach the target S3=0.679.
Set the stoploss of reverse orders at breakout of S1=0.6875.

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