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gibbsys
Jul 20, 2021 6:19 AM

NZD CAD Long Setup Long

New Zealand Dollar/Canadian DollarFXCM

Description

Trend: Bullish

Structure: Support and Resistance / MACD

Plan: We look for price to respect the resistance line it is currently trading at and along with MACD confirmation breakout to the upside.

Please be aware that price could also fall further down to resistance 2 and then continue the bullish trend, this would still allow the higher low to be in play.

Again wait for MACD confirmation.

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