TraderAvDM
Long

NZDCAD Bounced off Support/A potential BUY worth 1330-170 pips

FX:NZDCAD   New Zealand Dollar/Canadian Dollar
If you follow my ideas, you already know that my previous Trading idea on NZDCAD netted close to 300 pips profit.
Now I am back with another set up on NZDCAD that can generate 130-170 pips profit with very low risk.

As you can see, we have a pretty strong support here around 0.8900 which has managed to hold the fall once again.

Hence, it seems like NZDCAD will try to attempt another hit at the resistance around 0.9100.

Traders can go long at current price of 0.8930 and target 0.9030 as initial TP and 0.9100 as final TP.

SL should be placed below 0.8880.
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