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Intraday forecastNew Zealand Dollar vs. US Dollar technical chart
SymbolNZDUSD
Release TimeThu, 07/11/2019 - 20:00
Advisebuy (limit) above S1=0.6645
Intraday
Short term
Yesterday range90
Yesterday high0.6657
Yesterday low0.6567
Yesterday close0.6646
R30.6775
R20.6725
R10.6695
S10.6645
S20.663
S30.656
Trade setup

As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=0.6645.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=0.6695.
TP4: R2=0.6725.
Set the stoploss of these orders at breakout of S2=0.663.

Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of S2=0.663.
In this situation, there is an expectation to reach the target S3=0.656.
Set the stoploss of reverse orders at breakout of S1=0.6645.

Latest forecasts
Release Time Symbol Intraday R S
Thu, Nov 21 2019, 21:35 NZDUSD Subscribe! Subscribers Only Subscribers Only
Wed, Nov 20 2019, 20:00 NZDUSD Subscribe! Subscribers Only Subscribers Only
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