NZDCAD Bounced Off Support, Prepare for A Further Rise
NZDCAD bounced nicely off its support at 0.9052 (horizontal overlap support, 61.8% fibonacci extension , 61.8% fibonacci retracement ) where it could potentially bounce to its resistance at 0.9122 (horizontal swing high resistance, 61.8% Fibonacci extension, 61.8% Fibonacci retracement ).
Stochastic (21, 5, 3) is bounced off its support where a corresponding rise could occur.
Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks
Stochastic (21, 5, 3) is bounced off its support where a corresponding rise could occur.
Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks
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