NZD/CAD On Its Way to the 0.8989 Mark 🔨🔨🔨
💡 Trade Idea
📉 Sell Limit NZD/CAD @ 0.9088
🎯 Target Profit 0.8989
🛑 Stop Loss 0.9110
❌ Do not risk more than 1 % of your account on each trade
🙂 Good Luck !
Description:
The pair is trading within a corrective channel, and it faced a daily resistance by rejecting it. We have a 61.8% Fibonacci pullback @ 0.9094 which might lead to a reversal and a move to the downside to the 0.8989 mark.
📉 Sell Limit NZD/CAD @ 0.9088
🎯 Target Profit 0.8989
🛑 Stop Loss 0.9110
❌ Do not risk more than 1 % of your account on each trade
🙂 Good Luck !
Description:
The pair is trading within a corrective channel, and it faced a daily resistance by rejecting it. We have a 61.8% Fibonacci pullback @ 0.9094 which might lead to a reversal and a move to the downside to the 0.8989 mark.
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