TheAnonymousBanker

NZD/CAD: Bearish consolidation still in play?

Short
OANDA:NZDCAD   NZD/CAD
From a technical point of view, $NZD/CAD pair could be attractive in near term. If we look at 2H chart we see the main trend is still bullish, but at the same time the potentially corrective structure may not be over yet. If this analysis is correct, our idea is to sell the pair on all technical rebounds on intraday chart. Target at 0.8150 and 0.8120.

Trade with care! 👍 ...and if you think that my analysis is useful, please..."Like, Share and Comment" ...thank you! 💖
Cheers!
N.B.: Updates will follow below
Comment:
Comment:
Trend is still bullish on daily chart.

Comment:
Bullish weekly close for the pair ending Friday's session above our support level.
Comment:
Comment:
Trade is still valid
Trade closed: target reached:
Target 1
Comment:
trend is still bearish....
Comment:
Trade closed: target reached:
setup completed! ❤

🔔 2024 Forex Long Term Analysis:
🌐 anonymousbanker.org/
🥇 Crypto Exchange:
🌐 bit.ly/CryptExchange

Analysis made with 💝
By Anonymous Banker
A TradingView Fan since 2015
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.