NZDCAD in upward channel on the Daily. The weekly perspective:
NZDCAD
NZDCAD
is currently in an upward channel on the Daily timeframe. On the weekly, the pair has hit a triple high on what seems to be a long term strong resistance, in the 0.96 area. Potentially the pair could either retest the channel in the 0.955 area, or be forming a harmonic structure with target on the 0.8 area.
NZDCAD
is currently in an upward channel on the Daily timeframe. On the weekly, the pair has hit a triple high on what seems to be a long term strong resistance, in the 0.96 area. Potentially the pair could either retest the channel in the 0.955 area, or be forming a harmonic structure with target on the 0.8 area.