NZDCAD potential bull setup

Updated
The NZD/CAD pair has exhibited a downward trend but recently rebounded from its resistance level on the 4-hour chart. Divergence is evident on the chart, and market sentiment strongly favors a long position, with over 90% confidence. A trade suggestion is illustrated on the chart, aiming to reach the resistance level upon breaking the previous lower high (LH). Wishing you successful trading endeavors.
Trade active
Trade is active
Trade closed: stop reached
Support and ResistanceTrend Analysis

Disclaimer