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teewp1
Jan 7, 2016 3:21 PM

NZDCAD: BULLISH BIAS Long

New Zealand Dollar/Canadian DollarFXCM

Description

My overall bias of this pair remains to the upside. Price had formed a triple top formation at the Monthly Supply Zone and currently pulling back as expected. With the strong momentum of the previous monthly candlesticks I am looking for price to pull back to the Weekly Demand level of around 0.92000 and for the right price action set-up to get in long and take out the previous highs of 0.965 and make new highs.
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