NZD/CAD Analysis: Liquidity and Supply Zone Reaction Timeframe: 4-Hour Overview: This analysis focuses on the current price structure and potential setups for NZD/CAD. The market is approaching a significant point of interest (POI) at a supply zone, where a high probability of price reaction is expected. Key concepts such as liquidity grabs, imbalances, and...
NZD/CAD Price Action Analysis (Daily Timeframe)** Overview: The chart illustrates the NZD/CAD pair on a daily timeframe. It highlights a recent bullish rally after a sustained downtrend, with the price nearing a key resistance level. A potential rejection or breakout scenario could unfold in the coming sessions. --- Key Observations: 1. Recent Bullish...