NZDCAD has been showing strong bearish momentum since mid-June.
The market successfully broke and closed below a significant horizontal support level on the 4-hour chart, which has now turned into a new resistance level.
This presents a good opportunity to sell as the market is expected to continue dropping. The next support level to watch for is at 0.8260.
The market successfully broke and closed below a significant horizontal support level on the 4-hour chart, which has now turned into a new resistance level.
This presents a good opportunity to sell as the market is expected to continue dropping. The next support level to watch for is at 0.8260.
Join our Telegram channel for daily market update 👇👇
t.me/TheAceTrading
For paid signal👇👇 t.me/linofx1999
t.me/TheAceTrading
For paid signal👇👇 t.me/linofx1999
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Join our Telegram channel for daily market update 👇👇
t.me/TheAceTrading
For paid signal👇👇 t.me/linofx1999
t.me/TheAceTrading
For paid signal👇👇 t.me/linofx1999
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.