Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (0.6865). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis: . NZDUSD is in a range bound and the beginning of downtrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 50.
โค๏ธ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the ๐ LIKE button, . . . . . . . . . . . Drop some feedback below in the comment!
โค๏ธ Your Support is very much ๐ appreciated! โค๏ธ
๐ Want us to help you become a better Forex trader?
Now, It's your turn! Be sure to leave a comment let us know how do you see this opportunity and forecast.
Trade well, โค๏ธ ForecastCity English Support Team โค๏ธ