NZDCAD Is Bullish! Buy!

23 Nov

Please, check our technical outlook for NZDCAD.

Time Frame: 2h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish

The market is testing a major horizontal structure 0.814.

Taking into consideration the structure & trend analysis, I believe that the market will reach 0.818 level soon.

P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.

Like and subscribe and comment my ideas if you enjoy them!

25 Nov

Catatan

Great beginning for a trade, let’s hope it goes further!