JaceFX

NZDCAD Trade Analysis for Long Position

Long
FX:NZDCAD   New Zealand Dollar/Canadian Dollar
NZDCAD Trade Analysis for Long Position

After almost 3 weeks consolidation, we can do nothing but wait for price breakout.

During Sydney trading session, price decide to break above.

Price break above recent resistance zone 0.88025 and close higher.

We are looking for price pull back and enter long position.

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This information is intended for educational purposes.
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