NZDCAD in an Ascending Channel
Technical Analysis:
NZDCAD is moving inside a daily "Ascending Channel"
From the chart, we can see that the price respected the support zone of the pattern several times.
Currently, the price is testing 0.8150 and the support line can attract more buyers thus rising the bullish momentum.
However, it's a bit early to say that it will rise but we can watch for reversal signs near to
the current zone.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Technical Analysis:
NZDCAD is moving inside a daily "Ascending Channel"
From the chart, we can see that the price respected the support zone of the pattern several times.
Currently, the price is testing 0.8150 and the support line can attract more buyers thus rising the bullish momentum.
However, it's a bit early to say that it will rise but we can watch for reversal signs near to
the current zone.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Trade closed: target reached
NZDCAD - target reachedTrade closed: target reached
NZDCAD - all targets reached :)Trade closed: target reached
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youtube.com/@TradingPuzzles
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.
✅MY Free Signals
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅YouTube
youtube.com/@TradingPuzzles
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅YouTube
youtube.com/@TradingPuzzles
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.