NZDCAD resistance could prove to be strong.
Updated
Price hit its resistance level on the D1 chart. We expect a slight retracement back to the broken resistance turned support. In the medium term, we are expecting a breakout higher. We are basically trading the short term wave for now.
Note
Took partial profit while the rest hit BE.
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.