NZD/CAD going up?
Hello Traders,
Looks like we can have a potential start of move up. Expecting some more of consolidation before the up move.
Reasons to expect long very soon:
- Brake of major trend line
- Hit of pretty powerful supply zone
- Brake of 50 SMA (waiting for the bounce of it)
- Oversold RSI
Looks like we can have a potential start of move up. Expecting some more of consolidation before the up move.
Reasons to expect long very soon:
- Brake of major trend line
- Hit of pretty powerful supply zone
- Brake of 50 SMA (waiting for the bounce of it)
- Oversold RSI
Note
after supply zone started the move upNote
Great move up as expectedTrade active
expecting small move down, profit taken off
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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.