The Canadian dollar is showing strength, so I am mainly looking for opportunities on pairs that are late to the game and hasn't started to move yet.
NZDCAD presented a clean setup right now. A horizontal rectangle that lasted a few days before testing the range high and failed. Then price pushed right thru the range low and closed strongly down on Friday. If the setup is right, we should consolidate here for a day or two before moving down.
Good luck for the week!
NZDCAD presented a clean setup right now. A horizontal rectangle that lasted a few days before testing the range high and failed. Then price pushed right thru the range low and closed strongly down on Friday. If the setup is right, we should consolidate here for a day or two before moving down.
Good luck for the week!