The NZD/CAD pair has exhibited a downward trend but recently rebounded from its resistance level on the 4-hour chart. Divergence is evident on the chart, and market sentiment strongly favors a long position, with over 90% confidence. A trade suggestion is illustrated on the chart, aiming to reach the resistance level upon breaking the previous lower high (LH). Wishing you successful trading endeavors.
Trade active:
Trade is active
Trade closed: stop reached