NZDCAD look to buy from bottom / TL Long

New Zealand Dollar/Canadian DollarFXCM

Description

⋅ Jul 1, 2018 6:52 PM

I did underestimate downside potential for NZDCAD. I thought .9050 is nice target, seems we are 150 pip lower.

1) Wait for price to reach bottom.
2) Look for a) NZD strength.., or CAD weakness
3) buy with limited risk below the line.

Trend Analysis NZDCAD