The CAD/NZD currency pair is currently positioned at a crucial support level, exhibiting strong technical indicators suggesting a potential upward movement. The identification of a Bullish RSI Divergence on both the 1-hour and 4-hour charts reinforces our bullish sentiment. Entry and Risk Management: Entry Point Our recommended entry point for this trade is...
CADNZD is currently demonstrating a robust bullish momentum within a significant support zone, coupled with adherence to an ascending trendline, suggesting a favorable bullish trajectory. This analysis delves into key technical indicators to assess potential trading opportunities. Key Technical Factors: 1. Bullish Momentum: CADNZD exhibits a notable...
... now that that the Kiwies reelected the Communists. Of course it's Commie vs. Commie thus, this will be a massive short, eventually. But for now, it's a LONG. Here is the Daily