NZDCAD just like EURCAD is at interesting potential resistance area. The price is trading near the top of outlined 6+ months sideways range, stochastic is overbought. In my , we discussed how oscillators signals are more reliable in sideways market. I am waiting for a final short term confirmation to short this. If i don't get confirmation and it breaks to the upside, my bias will change to long.
Komen
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No trade on this pair. Waiting for confirmation saved me from taking a losing trade. Now, IF PRICE HOLD bove resistance will be looking for a long signals.
Thank you.