Don't miss the great buy opportunity in NZDCAD

17 באפר׳ 2020

Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.8443). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. NZDCAD is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 58.

Take Profits:
TP1= @ 0.8555
TP2= @ 0.8684
TP3= @ 0.8798

SL= Break below S2