mngFX

NZDCAD, Bullish continuation.

Long
OANDA:NZDCAD   NZD/CAD
Hi Traders,

NZDCAD is at a point of interest to see if we will see bullish momentum or a leg down yet. On the HTF price is at the upper boundary of the strong reversal Descending Channel. On the LTF price impulsively moved upwards expecting a contiuation correction to form for a buy opportunity.

Trade Safe
Thanks.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.