Snehath
Short

0.8870 is the level to watch for NZDCAD

FX:NZDCAD   New Zealand Dollar/Canadian Dollar
The CAD has been weakening quite a bit. I like the level seen here for NZDCAD             as it is 2 weekly highs next to each other. The crab pattern helps as well.

Similar pattern in the USDCAD             as well, but I rather choose this due to structure.
Comment: This pattern is no longer valid but there is a bearish butterfly at 0.889 level. Just shy of the 0.89 level.
Comment: Still moving upwards and there is no weakening in RSI and HSI. Still on the watch list.
At what price will you enter and stop loss?
Reply
Snehath marcus1983
I need to see what the reaction is at 0.8870. Likely a 30-40 pip SL, but too early to call now.
Reply
Ideas Scripts Chart
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