MilonDip

CAD/NZD technical and fundamental outlook...(Bullish)

Long
MilonDip Updated   
FX_IDC:CADNZD   CANADIAN DOLLAR / NEW ZEALAND DOLLAR
Technical:
1.Ichimoku: Ichimoku giving a buy signal.

2.MACD: MACD is also giving a buy signal.

3.Currency Strength:
CAD is so much stronger than NZD.

Fundamental:
Due to the trade war between China & US, Chinese currency is weakening, so is NZD..

Trading Plan:
I'll Open long position when market opens
There is a news release of CAD on 22 May, I'll stay away from the market at that time(OR I'll put a large stop loss).
And I hope I can Continue with this pair this whole week, Since there is no other news releases awaiting for this pair.

I'll keep updating....
Comment:
Sorry for reversing the pair: NZD/CAD goes for short (since CAD/NZD going for long)
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