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Long

NZDCAD Long Daily

OANDA:NZDCAD   NZD/CAD
This is a long trade on teh NZDCAD pair. Daily is in an uptrend and respecting the trend-line (that I drew on the daily chart ). Also this is supported by a strong horizontal S/R line which it is now testing from the upside.

Daily has printed a bullish engulfing candle and if it stays like this at the end of today's daily candle close then this would be a valid bullish trade. Take profit would be at the next resistance level drawn.

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