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Klimex

NZDCAD Approaching Support, Prepare For A Bounce

Long
New Zealand Dollar/Canadian Dollar (FX:NZDCAD)  
Klimex  
FX:NZDCAD   New Zealand Dollar/Canadian Dollar
Trend Analysis Harmonic Patterns Chart Patterns NZD CAD NZDCAD forexsignals
24
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trendanalysis harmonicpatterns chartpattern nzd cad nzdcad forexsignals

NZDCAD is approaching its support at 0.8912(100% Fibonacci extension ,horizontal swing low support, 38.2% Fibonacci retracement) where it could potentially bounce to its resistance at 0.9080(38.2% Fibonacci retracement, horizontal overlap resistance).
Stochastic (34, 5, 3) is approaching its support at 6% where a corresponding bounce could occur.

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