💡 Don't miss the great sell opportunity in NZDCAD

10 Feb 2021

Trading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (0.9225). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. NZDCAD is in a range bound and the beginning of downtrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 45.

Take Profits:
TP1= @ 0.9140
TP2= @ 0.9052
TP3= @ 0.8985
TP4= @ 0.8937
TP5= @ 0.8865

SL: Break Above R2

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