Technical View:
NZD/CAD has bounced back from major support zone with Bullish candle.
NZD/CAD is at the strong support zone (0.86713-0.86358).
The trend may possibly turn from bearish to range bound.
Note: Always do your own analysis before any action.
Buy around: 0.87400 (Little above 100 DMA on 4 hr frame)
Stop loss: 0.87250
Target: 0.88463 (Resistance Zone)
NZD/CAD has bounced back from major support zone with Bullish candle.
NZD/CAD is at the strong support zone (0.86713-0.86358).
The trend may possibly turn from bearish to range bound.
Note: Always do your own analysis before any action.
Buy around: 0.87400 (Little above 100 DMA on 4 hr frame)
Stop loss: 0.87250
Target: 0.88463 (Resistance Zone)
Trade closed: target reached:
Target was successfully achieved.