EURNZD broke thorouh longterm channel on Daily timeframe. After this breaking method was not clear from retracement structure. It is hard to answer IF we got clear retracement to continue daily trend idea, so we are expecting for anouther breaking idea from Lower Low or sellers will test recent Lower Low and continue range movement by new retracement from daily...
We are at very important zone where we will see if buyers are strong enough to continue next touch to bullish channeling or they will stopped and sellers will finnaly smashed them again and continue to following targets.
Follow description in video and targets in next analysis.
We'll not comlicate and give you long description for this pair, bacause this was ment like easy money and sell order on euraud.
Our indicator gave us our sell position yesterday, and many traders entered sell. Prove you can check in our suggestion room, and second prove for this bearish order was recorded LIVE ON FACEBOOK and also shared to our suggestion room....
At the moment USDCAD is stil in buying flow, but if we decide where to go, we can only say, this that at the moment we are stuck in neutral spot.
Check the video for explanation.
Chart are not explained detailed on purpose. We are not teaching our strategy here.
Martin is giving advice and bullish / bearish idea on usdcad currency pair once something will...
Price is at current level at very neutral spot, but sell side has still advantage because of bearish trending.
We'll share with everyone our last decision (buy/sell) in our suggestion room, where we give to every trader free analysis based on our custom indicator.
Thank you for listening,