NZDCAD Bullish Flag confirm, waiting 4 correction to enter LONG
NZD is in steady up-trend against loonie. Recently pair has drawn bullish flag and giving confirmation by taken out .9632 resistance. Next minor resistance is @ .9666. A corrective move may produce excellent buying opportunity from .9450 handle, Wait for a reversal signal before you enter LONG.
As I mentioned in recent published NZDUSD idea that kiwi and Aussie are performing relatively better against US$ from commodity currencies. Further USDCAD is expected to remain range bound as is Crude OIL. Utilizing this fundamental divergence in line with technical setup seems pretty lucrative.
Trade with Care...
As I mentioned in recent published NZDUSD idea that kiwi and Aussie are performing relatively better against US$ from commodity currencies. Further USDCAD is expected to remain range bound as is Crude OIL. Utilizing this fundamental divergence in line with technical setup seems pretty lucrative.
Trade with Care...
