Fundamental: COT commercials are Long the NZD vs Short the CAD. This favours the possibility of an uptrend in this currency pair.
Technial: The pair is very close to the 2std from the SMA. Only 6% of moves will go past this level.
Profit Target: 0.9000
Fundamental: AUD (COT) Commercials are long the Australian dollar vs CAD (COT) Commercials are short the Canadian dollar
Technicals: Trading a 3std below 200 SMA on D1 chart
Strategy: 3:1 Risk/reward ratio, Target profit around the 1std above 200 SMA
Conclusion: Longterm trade