💡Don't miss the great buy opportunity in NZDCAD

Aug 12, 2022

Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.81420).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."

Technical analysis:
. NZDCAD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 65.

Take Profits:
TP1= @ 0.83410
TP2= @ 0.84070
TP3= @ 0.85300
TP4= @ 0.86030
TP5= @ 0.86450

SL= Break below S2

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