NZDCAD Daily Analysis 3/8/20
NZDCAD Long Idea
We saw a major bounce from support around 0.83750 and a lower timeframe lower high was broken at 0.84500
We have seen some strong bullish volume which could be the start of this daily transition. Looking to enter on a retest and confirmed rejection of 0.84500
Look to target higher to fill this daily range at 0.87000 which is also monthly resistance
We saw a major bounce from support around 0.83750 and a lower timeframe lower high was broken at 0.84500
We have seen some strong bullish volume which could be the start of this daily transition. Looking to enter on a retest and confirmed rejection of 0.84500
Look to target higher to fill this daily range at 0.87000 which is also monthly resistance
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