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thecurrencysniper
Jan 6, 2015 7:13 PM

NZD/CAD LONG Long

New Zealand Dollar/Canadian DollarFXCM

Description

This pair has been in an uptrend and since hitting the 61.8 fib retracement has been going higher. I am now waiting for a breakout retest and continuation of the 0.9221 level to add to my position with overall targets at 1.011. Two confluences for this target are the -27 fib extension and also that it coincides with the trend line (resistance)
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