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Potential Buy on NZDCAD as we expect a bullish movement from NZDUSD
NZDCAD LONG FOR 130 PIPS
Looking long for NZD/CAD we've come into really strong support and we're also seeing some bullish divergence on the daily and even monthly charts. Let's make some money!
NZDCAD LONG FOR 115 PIPS
NZDCAD LONG (130 TO 180 PIPS)
NZDCAD LONG FOR 75 PIPS FROM THE 0.83880 LEVEL
Trendline and static support rejection
NzdCad has put in a nice high and tight flag with room to go up and a strong flag pole. Howwever be aware of the 15 min as it looks like a head and shoulders pattern which would be a conflicting signal to this setup.
Falling wedge pattern expecting for price to break out on NZD strength against CAD weakness in the next week or two. Around 160pip target
Clean break above minor resistance and some room to go higher, conviction in the move aswell so if we get a pullback it would be a deecnt buy for at least a retest of the highs.
Await price confirmation below .87180 price zone before going short and go long if price breaks above the level .87450
Targets for Short: 0.86000
Targets for Long: 0.88200
green box shows prime entry point. NZDCAD 0.8900
t n d, m a, p a.
I have had a long on NZD/CAD for a few days now but tonight sees a clear break above the inverted right shoulder from Dec 18. If you like round numbers then the target price is 0.95000.