Carrero
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since Apr 26, 2015
4hour
cad-dollar
eurnzd
euro
long
long-term
macd
rangebound
trendline
wedgepattern
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Good ~200-300 pip long setup The pair is looking to stay range-bound within this wedge Would look for consolidation at 1.63 level before taking long position Also looking for a potential long-term buy opportunity with a break of the wedge resistance... I like the short NZD fundamentally Here's a daily chart showing the wedge
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Canadian dollar pushed the Euro below the 1.4570 level and a key 12-month rising trendline. Follow-through will be driven by a lift from oil prices, Canadian unemployment data from last week should continue to provide momentum. Participation from Euro depends on Thursday CPI data and continued rally in equities. Placed a short at 1.4570 with a stop loss at...
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