AzaForexBroker
Short

Day trading strategies on NZDCAD by AzaForex forex broker

FX:NZDCAD   New Zealand Dollar/Canadian Dollar
Pro tips and tricks for forex trading.
The price is below a simple moving average 200 MA and 20 MA indicating bearish trend .
The MACD trend indicator is below zero level now, indicating bearish movement.

If the support level is broken you can use the following recommendation:
• Chart timeframe: H4
• The trade recommendation: Sell
• The level of entry into short position 0.9100
• The level of profit and close the position: 0.9000 (100 pips)

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