NZD/CAD Bullish Scenario by ThinkingAntsOk
4H CHART EXPLANATION:
- After the volatility at the opening last night, which made price to drop to the Support Zone and then it was strongly rejected, it has broken the Resistance Zone and the Descending Trendline.
- We consider that it has potential to reach the Resistance Zone at 0.8800.
- Will look for a lower timeframe setup to get involved on this pair.
DAILY CHART ANALYSIS:
- After the volatility at the opening last night, which made price to drop to the Support Zone and then it was strongly rejected, it has broken the Resistance Zone and the Descending Trendline.
- We consider that it has potential to reach the Resistance Zone at 0.8800.
- Will look for a lower timeframe setup to get involved on this pair.
DAILY CHART ANALYSIS:
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