NZD/CAD

NZD/CAD continue with the Uptrend

On NZD/CAD , it's nice to see a strong buying reaction at the price of 0.82780.

There's a significant accumulation of contracts in this area, indicating strong buyer interest. I believe that buyers who entered at this level will defend their long positions. If the price returns to this area, strong buyers will likely push the market up again.

GAP + Uptrend and high volume cluster are the main reasons for my decision to go long on this trade.


Happy trading

Dale

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