Turla

Probability of price rise

Long
FX:NZDCAD   New Zealand Dollar/Canadian Dollar
Description :
As you can see, it is touching the uptrend line for a relatively long time and after the price climb and touching its resistance, it could not stabilize above it and has formed a relatively strong downtrend line. If the uptrend line is maintained, witness the uptrend. We will have a downward trend and then we will see a return, but if the ascending trend line is lost, we should see more falls.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.