Hello Traders! 👋
What are your thoughts on NZDCAD?
NZD/CAD has been moving in a continuous downward structure and has now reached a key support zone. In this area, we expect a positive reaction from the price. At the moment, the descending trendline is preventing further bullish movement, but we expect that at this stage the price will manage to break above it and reach the projected targets. Therefore, you can wait for the descending trendline to break, and after the breakout, enter on the pullback.
Don’t forget to like and share your thoughts in the comments! ❤️
What are your thoughts on NZDCAD?
NZD/CAD has been moving in a continuous downward structure and has now reached a key support zone. In this area, we expect a positive reaction from the price. At the moment, the descending trendline is preventing further bullish movement, but we expect that at this stage the price will manage to break above it and reach the projected targets. Therefore, you can wait for the descending trendline to break, and after the breakout, enter on the pullback.
Don’t forget to like and share your thoughts in the comments! ❤️
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✅MY FREE FOREX &CRYPTO SIGNALS TELEGRAM CHANNEL:
t.me/+1gFAIO4CJJw3NTU0
✅MY INSTAGRAM:
instagram.com/marketanalaysis
t.me/+1gFAIO4CJJw3NTU0
✅MY INSTAGRAM:
instagram.com/marketanalaysis
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.