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Intraday forecastNew Zealand Dollar / US Dollar Gráfico técnico
SímboloNZDUSD
Release TimeNoviembre 26, 2020 - 20:53
Advisebuy (limit) above S1=0.698
Intraday
Short term
Yesterday range55
Yesterday high0.7014
Yesterday low0.6959
Yesterday close0.7003
R30.7085
R20.705
R10.703
S10.698
S20.696
S30.6885
Trade setup

As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=0.698.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=0.703.
TP4: R2=0.705.
Set the stoploss of these orders at breakout of S2=0.696.

Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of S2=0.696.
In this situation, there is an expectation to reach the target S3=0.6885.
Set the stoploss of reverse orders at breakout of S1=0.698.

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