Price right now retracing 61.8% fibonacci of the recent rally.
There is also a horizontal support on this area which could be a demand area to push price upwards.
Buy NZDCAD 0.8750
Stop loss 0.8660
Take profit 0.9050 (3.3R)
Use only 1-2% risk
Good luck
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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.