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DeGRAM | NZDCAD psychological level

Panjang
New Zealand Dollar/Canadian Dollar (FX:NZDCAD)  
DeGRAM  
FX:NZDCAD   New Zealand Dollar/Canadian Dollar
Trend Analysis Chart Patterns Support and Resistance NZDCADANALYSIS NZDCADSIGNAL
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trendanalysis chartpattern supportandresistance nzdcadanalysis nzdcadsignal
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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