NZDCAD Price Technical Analysis

nzdcad technical analysis

NZDCAD Technical Analysis: Weekly Chart

In the weekly charts, NZDCAD is trading in down channel. NZDCAD is currently trading below all SMA.

RSI is in buying zone which indicates bullishness. MACD is currently below zero which indicates bearishness.

Its immediate support is 0.8081 & the resistance level is at 0.8271.

NZDCAD will trade in down channel until there is trend reversal

NZDCAD Technical Analysis: Daily Chart

In the daily charts, NZDCAD is trading in an up channel. NZDCAD is currently trading above all SMA.

RSI is in buying zone which indicates bullishness. MACD is currently above zero which indicates bullishness.

Its immediate support is 0.8177 & the resistance level is at 0.8228

NZDCAD will trade in up channel until there is trend reversal. 

How to Trade NZDCAD this Week:

NZDCAD will follow the uptrend until their trend reversal. So, remain bullish on NZDCAD.

TRADE SUGGESTION- BUY AT 0.8195, TAKE PROFIT AT 0.8228 AND STOP LOSS AT 0.8177

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