ForecastCity_World

💡Don't miss the great buy opportunity in NZDCAD

Long
FX:NZDCAD   New Zealand Dollar/Canadian Dollar

Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.8687).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."

Technical analysis:
. NZDCAD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 66.

Take Profits:
TP1= @ 0.8736
TP2= @ 0.8769
TP3= @ 0.8797
TP4= @ 0.8816
TP5= @ 0.8851

SL= Break below S2

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ForecastCity English Support Team ❤️
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Comments

Thanks for sharing this idea! 🦐
+1 Reply
@plancton0618, It's our pleasure.
Reply
Really helpful, thanks for sharing ;)
+1 Reply
ForecastCity_World StevesTradingV
@StevesTradingV, Thanks for your comment
Reply
Great analysis
+1 Reply
@YMGroup, Thank you for your comment
Reply
Very Interesting :) Thank you !
+1 Reply
@AtlasTrades, Most welcome!
Reply
Excellent job here, Same idea, Thanks for sharing🔥
+1 Reply
@FieryTrading, You're welcome! Thank you as well for your comment.
Reply