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NZDCAD LONG TRADE RR 1:10

Long
NZD/CAD (OANDA:NZDCAD)  
Forex48_TradingAcademy  
OANDA:NZDCAD   NZD/CAD
Trend Analysis Technical Indicators Fundamental Analysis LONG setup signals priceaction Forex NZDCAD education forex48
2
0
trendanalysis indicator fundamental long setup signals priceaction forex nzdcad education forex48
On NZDCAD, after a significant decline caused by the increase in interest rates by the Reserve Bank of New Zealand, we have a price that has dropped to the 0.8305 area, where there is a significant validated demand zone and a long setup created in mid-April. The target for this long trade is 0.8486, with a risk-reward ratio of 1:10.

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