🧭 Overall Market Context
NZD/CAD has been in a broad downtrend for several months, forming lower highs and lower lows. However, price has recently reached a major higher-timeframe demand zone (the blue area) and reacted strongly upward.
This suggests a potential shift of momentum or at least a corrective bullish leg.
NZD/CAD has been in a broad downtrend for several months, forming lower highs and lower lows. However, price has recently reached a major higher-timeframe demand zone (the blue area) and reacted strongly upward.
This suggests a potential shift of momentum or at least a corrective bullish leg.
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✅FREE FOREX &CRYPTO SIGNALS TELEGRAM CHANNEL:
t.me/winlouhscalperchannel
t.me/winlouhscalperchannel
Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.