11021992

NZDCAD: Looking to buy around market price

Long
11021992 Updated   
FX:NZDCAD   New Zealand Dollar/Canadian Dollar
Hey traders,

We have a bit of an ending diagonal on the NZDCAD. These patterns are known to cause some reversals. We have now reached the 50% Fibonacci retracement.

Trade closed: target reached:
There we go.
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