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Intraday forecastNew Zealand Dollar / US Dollar Gráfico técnico
SímboloNZDUSD
Release TimeEnero 20, 2022 - 21:31
Advisesell (limit) below R1=0.679
Intraday
Short term
Yesterday range49
Yesterday high0.6811
Yesterday low0.6762
Yesterday close0.6782
R30.6875
R20.6805
R10.679
S10.6745
S20.673
S30.67
Trade setup

As we forecast downtrend for this day, so Forecast City suggests sell (limit) below R1=0.679.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: S1=0.6745.
TP4: S2=0.673.
Set the stoploss of these orders at breakout of R2=0.6805.

Stop and reverse:
If trend gets reversed, buy (stop) orders will be opened at breakout of R2=0.6805.
In this situation, there is an expectation to reach the target R3=0.6875.
Set the stoploss of reverse orders at breakout of R1=0.679.

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