NZDCAD analysis

28.07.2021

Technical reviews

NZDCAD
The overall trend is upward. The descending wave pattern of the H2 level is truncated. Above the 135 moving average, a start fractal has formed, the breakout of which will result in the formation of an ascending wave pattern. A bullish divergence has formed on Awesome Oscillator.

NZDCAD rate online: monitor the price movement in real time.


Trading idea:
Buy on a breakout of 0.8773.
Stop Loss: 0.8730.
Target levels: 0.8820; 0.8900

Author: GC
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