Mulakan
MujkanovicFX

NZDCAD Long - Watch out for a bullish wedge breakout

Panjang
New Zealand Dollar/Canadian Dollar (FX:NZDCAD)  
MujkanovicFX  
FX:NZDCAD   New Zealand Dollar/Canadian Dollar
Trend Analysis Chart Patterns Beyond Technical Analysis NZD CAD NZDCAD buy LONG Divergence signal longsetup
2
0
trendanalysis chartpattern beyondta nzd cad nzdcad buy long divergence signal longsetup
NZDCAD is triggering a bullish wedge pattern on the daily chart, after finding strong buying power at a horizontal support zone previously. (Setup posted recently).

The bullish divergence is also still in-tact. Overall, the pair trades near the lower range levels and has more upside potential.

Today's risk-on market environment and week/month-end profit taking taking may also push the pair higher.

Idea Berkaitan

MujkanovicFX
NZDCAD on the way to gain 3%
MujkanovicFX
NZDCAD Buy Setup: H.Support, Divergence and Momentum
Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.