Nzdcadbuy
NZDCAD MULTIFRAME IDEA ** JUST AN IDEA. NOT A SIGNAL **
We can clearly see momentum has been lost within the 4 hour graph.
A range has been formed, once the trade shows us a breakout we could buy or sell.
We know the volume of buyers or sellers will be strong once the range has been broken.
Interesting pair to watch.
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NZDCAD potential bounce!
NZDCAD expected to reverse up to 1st support at 0.84441 where it could potentially react and bounce to its resistance at 1st resistance at 0.85598.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
NZDCAD approaching resistance, look out for potential reversal!
NZDCAD is approaching its resistance at 0.85820 where it is could reverse down to its support at 0.82797.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
nzdcad nzdcad on the 1H timeframe . nzdcadis currently at a key level of suppord which as you can see has been tested quite a few times in the past. I am expecting it to go long.
always use proper RISK MANAGEMENT
please comment any questions or thoughts u might have about my analysis or this pair
NZDCAD potential bounce!
NZDCAD expected to reverse up to 1st support at 0.85981 where it could potentially react and bounce to its resistance at 1st resistance at 0.83459.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.