Pika7993

Buy out of support zone

Long
FX:NZDCAD   New Zealand Dollar/Canadian Dollar
The pair reached our current support/pivot zone between .91400 and .91500. In play is a pivot off .91500. We have been loading up within this support zone for about 2 trading weeks.

Our MACD/SIGNAL made an upward cross heading for 0 line. RSI is zig zagging out of oversold heading for overbought.

TP at key resistance levels marked on map and watch for pivot at all levels. Stop loss is a breach and continuation below our key supports.

Please comment with thoughts and ideas. Thank you.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.