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Intraday forecastNew Zealand Dollar / US Dollar technical chart
SymbolNZDUSD
Release TimeSeptember 13, 2021 - 22:41
Advisesell (limit) below R1=0.714
Intraday
Short term
Yesterday range26
Yesterday high0.7123
Yesterday low0.7097
Yesterday close0.7118
R30.7225
R20.7155
R10.714
S10.708
S20.7045
S30.699
Trade setup

As we forecast downtrend for this day, so Forecast City suggests sell (limit) below R1=0.714.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: S1=0.708.
TP4: S2=0.7045.
Set the stoploss of these orders at breakout of R2=0.7155.

Stop and reverse:
If trend gets reversed, buy (stop) orders will be opened at breakout of R2=0.7155.
In this situation, there is an expectation to reach the target R3=0.7225.
Set the stoploss of reverse orders at breakout of R1=0.714.

Latest forecasts
Release Time Symbol Intraday R S
Thu, Sep 16 2021, 22:08 NZDUSD Subscribe! Subscribers Only Subscribers Only
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