04.03.2021
The overall trend is upward. The descending pattern of the H4 level is truncated. The inclined channel of the descending pattern is broken. Awesome Oscillator shows a bullish divergence, while Stochastic Oscillator signals oversold conditions.
NZDCAD rate analysis: monitor the price movement in real time.
Trading idea:
Buy when an ascending wave pattern is formed.
Stop Loss: 0.9147.
Target levels: 0.9255; 0.9320.
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