NZDCAD on the way to gain 3%
A beautiful setup appeared on NZDCAD. The pair has reached the 61.8% Fib level which seems rejected with a reversal morning start forming on the daily chart.
The pair has also been trading inside a bullish wedge, and a break above the upper wedge line could send the pair to the 0.91xx area (a 3% gain).
The recent down-move on the daily seems overstretched relative to the previous range.
The pair has also been trading inside a bullish wedge, and a break above the upper wedge line could send the pair to the 0.91xx area (a 3% gain).
The recent down-move on the daily seems overstretched relative to the previous range.
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