NZDCAD
WEEKLY CHART:
From the weekly perspective, we see that price is now reaching up into a potential area of resistance.
DAILY CHART:
The daily chart is showing us some nice consolidation at this area and price is now giving us some nice signals that a reversal is likely to take place.
Ill be monitoring this pair and looking for an entry IF I see the right kinds of price action behaviour and conditions that align with my trading rules. Like always, please only trade if this set up aligns with your own trading rules!
WEEKLY CHART:
From the weekly perspective, we see that price is now reaching up into a potential area of resistance.
DAILY CHART:
The daily chart is showing us some nice consolidation at this area and price is now giving us some nice signals that a reversal is likely to take place.
Ill be monitoring this pair and looking for an entry IF I see the right kinds of price action behaviour and conditions that align with my trading rules. Like always, please only trade if this set up aligns with your own trading rules!