Sometimes you find really wonderful simple setups with great potential , NZDCAD maybe one of them , price has not been able to move lower since many days... as today we have important news from BOC we may witness breakout today... In case of breakout above trendline we may be looking to LONG till next resistance with stop below current lows.
Lets see if it works well and gives us long trade on close above and retest..
In case of daily close below horizontal support we will wait till monday to short as at these levels we may witness fake breakouts.
Lets see if it works well and gives us long trade on close above and retest..
In case of daily close below horizontal support we will wait till monday to short as at these levels we may witness fake breakouts.