DeGRAM | NZDCAD psychological level

Oleh DeGRAM
NZDCAD is trading in the ascending channel. The market broke and closed above the psychological level of 0.8000.
 
Price action pulled back following the retest of the resistance level.

The market printed the pinbar at the confluence zone: psychological level, 50% fibo level, and dynamic support.

We expect a bullish move and a retest of the resistance level.


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Chart PatternsNZDCADANALYSISNZDCADSIGNALSupport and ResistanceTrend Analysis
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