NZD/CAD
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NZDCAD Long Daily

This is a long trade on teh NZDCAD pair. Daily is in an uptrend and respecting the trend-line (that I drew on the daily chart). Also this is supported by a strong horizontal S/R line which it is now testing from the upside.

Daily has printed a bullish engulfing candle and if it stays like this at the end of today's daily candle close then this would be a valid bullish trade. Take profit would be at the next resistance level drawn.

Support and ResistanceTrend AnalysisTrend Lines

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