FX:NZDCAD   New Zealand Dollar/Canadian Dollar
506 1 11
I think this pair is just making a correction to continue the long term decline.
On W1 chart we have price just broke the upward trendline , is bouncing from Ema 200 and strong resistance level . Weekly candle is a pinbar .

snapshot

Here on D1 chart:
- ema 55 as resistance (weekly ema 200+daily ema 55=powerful combination!!)
- evening star at round number 0.8500
- trendline resistance

If will depend a lot on oil             , if it stars a rally (as i expect) this pair will decline strongly, last weeks oil             is not moving.

This trade could last 1-2 months so be prepared for that.

Regards.


Beautiful!
Reply
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out