Don't miss the great sell opportunity in NZDSGD

4 באוק׳ 2020

Trading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (0.909). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. NZDSGD is in a range bound and the beginning of downtrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 55.

Take Profits:
TP1= @ 0.9026
TP2= @ 0.8995
TP3= @ 0.8968
TP4= @ 0.8930
TP5= @ 0.8890

SL: Break Above R3

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