NZDCAD compared to nzdchf pair (linked below) and is correlated with slower move at the moment.
This currency pair need some more proves before any trade entrace. It has potential upside and downise move.
If upside move will continue higher, then our target should be at 0.90744 resistance level. If price will continue higher then momentum and volume from bullish side has to break confidently, unless we'll close or take half profit and move Sl higher.
If downside move will continue overall bearish trending, then price has to break 0.90189 support level and retrace it on lower timeframe. While this trade will be entered, we are looking for first potential target at 0.89575 and second at 0.89053 where is based strong daily demand. Also daily whales will start looking at this spot.
If you want to trade also with our live trade $ shared set ups, you can join our free trading room and made free profit.
Stay cool but better educated
Elitefxacademy
This currency pair need some more proves before any trade entrace. It has potential upside and downise move.
If upside move will continue higher, then our target should be at 0.90744 resistance level. If price will continue higher then momentum and volume from bullish side has to break confidently, unless we'll close or take half profit and move Sl higher.
If downside move will continue overall bearish trending, then price has to break 0.90189 support level and retrace it on lower timeframe. While this trade will be entered, we are looking for first potential target at 0.89575 and second at 0.89053 where is based strong daily demand. Also daily whales will start looking at this spot.
If you want to trade also with our live trade $ shared set ups, you can join our free trading room and made free profit.
Stay cool but better educated
Elitefxacademy
