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Intraday forecastNew Zealand Dollar / US Dollar technical chart
SymbolNZDUSD
Release TimeEkim 25, 2021 - 15:30
Advisebuy (limit) above S1=0.714
Intraday
Short term
Yesterday range58
Yesterday high0.7189
Yesterday low0.7131
Yesterday close0.7148
R30.7265
R20.7215
R10.7195
S10.714
S20.713
S30.7065
Trade setup

As we forecast Yükseliş trend for this day, so Forecast City suggests buy (limit) above S1=0.714.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=0.7195.
TP4: R2=0.7215.
Set the stoploss of these orders at breakout of S2=0.713.

Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of S2=0.713.
In this situation, there is an expectation to reach the target S3=0.7065.
Set the stoploss of reverse orders at breakout of S1=0.714.

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