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Intraday forecastNew Zealand Dollar / US Dollar technical chart
SymbolNZDUSD
Release TimeAugust 24, 2007 - 21:19
Advisebuy (limit) above S1=0.7115
Intraday
Short term
Yesterday range
Yesterday high
Yesterday low
Yesterday close
R30.7302
R20.7245
R10.7201
S10.7115
S20.7071
S30.7014
Trade setup

As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=0.7115.

Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of S2=0.7071.
In this situation, there is an expectation to reach the target S3=0.7014.
Set the stoploss of reverse orders at breakout of S1=0.7115.

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