💡Don't miss the great buy opportunity in NZDUSD

5 mag 2022

Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.646).
. 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 an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 51

Take Profits:
TP1= @ 0.652
TP2= @ 0.656
TP3= @ 0.658
TP4= @ 0.664
TP5= @ 0.669

SL= Break below S2

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