I expect bears to take control of NZDCAD.
The reasons:
- Prior Bearish movement
- Breakout of the corrective ascending channel + retest of the trend line and 18 EMA with a pinbar formation.
I would favour an entry at 0.88300 with a stop at 0.88760 and a Profit target at 0.87000
The reasons:
- Prior Bearish movement
- Breakout of the corrective ascending channel + retest of the trend line and 18 EMA with a pinbar formation.
I would favour an entry at 0.88300 with a stop at 0.88760 and a Profit target at 0.87000
Trade closed: target reached:
Successful Trade!