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NoCeilingsTrading
Apr 14, 2021 12:49 PM

Update on Long NZDCAD Long

New Zealand Dollar/Canadian DollarFXCM

Description

Price pulled back and tested the break of structure, which correlated with the neckline of the double bottom, and the 61.98 fib level (if you drew a fib from the new low to the new high on the 4hr timeframe.)

I am expecting price to to ultimately test the previous higher low, which also correlates with the daily resistance and the 61.8 fib level.

Take a look at the original analysis



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