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Oct 5, 2021 1:17 PM

NZDCAD 

NZD/CADOANDA

Description

Bullish Indicators:
1) Bounced from the upward trendline
2) Support zone
3) Followed by the three white soldiers
4) 78.6% Fib Retracement level

Bearish Indicators:
1) Descending trendline
2) Resistance at 0.87890

Plan A: On the breaking of resistance level 0.87890 and downward trendline one can buy for the target 0.88535.

Plan B: On the breaking of upward trendline one can sell for the target of 0.86666 where the major support lies.
Comments
Mihai_Iacob
Looks like a bottom
Great post
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