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NZDCAD BACK TO THE BOTTOM WE GO!!... 😎😎😎
New Zealand Dollar/Canadian Dollar
Short
NZDCAD BACK TO THE BOTTOM WE GO!!... 😎😎😎
By TheFxChartist_
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Updated
Feb 8, 2022
6
Cheer
Cheer
Feb 7, 2022
Hi Traders
Please see our above analysis on NZDCAD.
This is in line with our previous post on NZDJPY.
Note it would not be sensible to take both these positions and taking one or the other would be the correct way to manage your risk.
We do expect to the see the move on both pairs.
Lets see how it develops this week.
Have a safe and profitable week!
The Fx Chartist
Feb 7, 2022
Comment
Apologies I have incorrectly marked the zone "MAJOR SUPPORT" this should be labelled "MAJOR RESISTANCE"
Feb 8, 2022
Comment
Position closed BE - not the momentum we were hoping for.
Looks like there is more NZD strength coming into play than expected.
Feb 8, 2022
Trade closed manually
Chart Patterns
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Trend Analysis
TheFxChartist_
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