NZDCAD: Short-Term Trading Outlook
NZD/CAD has dropped below a key structure zone on the 60-minute chart. Over the past two hours, the price has tested this area twice.
There’s a good chance that a short-term bearish move could start from the resistance zone at 0.8295.
If the price declines further, it may find strong support around 0.8265 and 0.8245.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
NZD/CAD has dropped below a key structure zone on the 60-minute chart. Over the past two hours, the price has tested this area twice.
There’s a good chance that a short-term bearish move could start from the resistance zone at 0.8295.
If the price declines further, it may find strong support around 0.8265 and 0.8245.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Note
Trade closed: target reached
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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.
✅MY Free Signals
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅YouTube
youtube.com/@TradingPuzzles
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅YouTube
youtube.com/@TradingPuzzles
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.