NZD/CAD: Bearish consolidation still in play?
Updated
From a technical point of view, NZD/CAD pair could be attractive in near term. If we look at 2H chart we see the main trend is still bullish, but at the same time the potentially corrective structure may not be over yet. If this analysis is correct, our idea is to sell the pair on all technical rebounds on intraday chart. Target at 0.8150 and 0.8120.
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N.B.: Updates will follow below
Trade with care! 👍 ...and if you think that my analysis is useful, please..."Like, Share and Comment" ...thank you! 💖
Cheers!
N.B.: Updates will follow below
Comment
Comment
Trend is still bullish on daily chart.Comment
Bullish weekly close for the pair ending Friday's session above our support level.Comment
Comment
Trade is still validTrade closed: target reached
Target 1Comment
trend is still bearish....Comment
Trade closed: target reached
setup completed! ❤
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