Technical View:
NZD/CAD has bounced back from major support zone with Bullish candle.
NZD/CAD is at the strong support zone (0.86713-0.86358).
The trend may possibly turn from bearish to range bound.
Note: Always do your own analysis before any action.
Buy around: 0.87400 (Little above 100 DMA on 4 hr frame)
Stop loss: 0.87250
Target: 0.88463 (Resistance Zone)
NZD/CAD has bounced back from major support zone with Bullish candle.
NZD/CAD is at the strong support zone (0.86713-0.86358).
The trend may possibly turn from bearish to range bound.
Note: Always do your own analysis before any action.
Buy around: 0.87400 (Little above 100 DMA on 4 hr frame)
Stop loss: 0.87250
Target: 0.88463 (Resistance Zone)
Trade closed: target reached
Target was successfully achieved.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.