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Intraday forecastNew Zealand Dollar / US Dollar technical chart
SymbolNZDUSD
Release TimeJune 10, 2021 - 20:31
Advisesell (limit) below R1=0.721
Intraday
Short term
Yesterday range47
Yesterday high0.7214
Yesterday low0.7167
Yesterday close0.7178
R30.7285
R20.722
R10.721
S10.7155
S20.7125
S30.7065
Trade setup

As we forecast downtrend for this day, so Forecast City suggests sell (limit) below R1=0.721.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: S1=0.7155.
TP4: S2=0.7125.
Set the stoploss of these orders at breakout of R2=0.722.

Stop and reverse:
If trend gets reversed, buy (stop) orders will be opened at breakout of R2=0.722.
In this situation, there is an expectation to reach the target R3=0.7285.
Set the stoploss of reverse orders at breakout of R1=0.721.

Latest forecasts
Release Time Symbol Intraday R S
Tue, Jun 22 2021, 23:41 NZDUSD free 0.719
0.71
0.7065
0.7
0.696
0.692
Mon, Jun 21 2021, 20:15 NZDUSD Subscribe! Subscribers Only Subscribers Only
Mon, Jun 21 2021, 15:14 NZDUSD Subscribe! Subscribers Only Subscribers Only
Thu, Jun 17 2021, 21:30 NZDUSD Subscribe! Subscribers Only Subscribers Only
Wed, Jun 16 2021, 21:17 NZDUSD Subscribe! Subscribers Only Subscribers Only