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Snick3rSD
Feb 26, 2024 6:43 PM

NZDCAD - Long from bullish order block ✅ Long

New Zealand Dollar/Canadian DollarFXCM

Description

Hello traders!
‼️ This is my perspective on NZDCAD.

Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I am looking for a long. I wait price to continue the retracement to fill the imbalance lower and then to reject from bullish order block + institutional big figure 0.83000.

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Comments
JoeChampion
In case of a continuation of Stocks bearish bias we may get further downsides on NZDCAD due to the correlation
Snick3rSD
@JoeChampion great point, we will see, thanks
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