NZDCAD LONG SETUP
NZDCAD: Price is back at the UPTREND LINE zone as a result of the rejection we saw when price get in contact with the 2018 resistance zones @ 0.9300 in Febuary.
Today, Price is finding support at the TRENDLINE zone, which also align with a horizontal significant resistance zone from August 2020 turn support in December 2020.
It will be worth to see how the day close to give Us confirmation, going foward @ 0.9000 will be support , @ 0.9300 will be resistance and target for any long trade taking from the TRENDLINE ZONE.
Today, Price is finding support at the TRENDLINE zone, which also align with a horizontal significant resistance zone from August 2020 turn support in December 2020.
It will be worth to see how the day close to give Us confirmation, going foward @ 0.9000 will be support , @ 0.9300 will be resistance and target for any long trade taking from the TRENDLINE ZONE.
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