21 Mar
NZDCAD Technical Analysis: Weekly Chart
In the weekly charts, NZDCAD is trading in a down channel.
It is trading below 50 and 100 days SMA & above 20 days SMA.
The immediate support is 0.8631 & the resistance level is at 0.8745.
NZDCAD is trading in the down channel until there is a trend reversal.
NZDCAD Technical Analysis: Daily Chart
In the daily charts, NZDCAD is trading in an up channel.
It is trading above all SMA.
The immediate support is 0.8647 & the resistance level is 0.8718.
NZDCAD is trading in the up channel until there is a 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 0.8682, TAKE PROFIT AT 0.8718 AND STOP LOSS AT 0.8647
