FXCM

NZDCAD bullish breakout | 21st June 2021

Long
FX:NZDCAD   New Zealand Dollar/Canadian Dollar
NZDCAD has shown a bullish breakout from the descending trendline resistance-turned-support and is now holding above the moving average support. We could see a bounce at Buy Entry level, in line with 38.2% Fibonacci retracement , 61.8% Fibonacci extension , horizontal pullback support and moving average support, and further upside towards Take Profit level, in line with 61.8% Fibonacci extension and horizontal swing high resistance.

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Comments

Nice one💯🤝
I have the same analysis
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